Monster Releases Local Employment Index Results

    August 19, 2005
    Chris Crum

Monster has released the results of its Local Employment Index for the month of July. They show that online job recruitment activity has declined in 14 of the top 28 U.S. metropolitan areas.

“The July findings of the Monster Local Employment Index show a decline in online job demand in half of the markets tracked by the Index, most likely reflecting a seasonal slowdown following the strong online hiring activity that took place in June,” said Steve Pogorzelski, president of Monster, North America.

“However, the fact that nine markets saw online demand increase and five held steady during what is typically a slow month for hiring, speaks to the growing strength and stability of the broader U.S. job market, which added 207,000 new jobs in July and maintained an unemployment rate of just five percent,” added Pogorzelski.

Demand for production jobs was down in most of the areas. The Local Employment Index also suggested that demand for construction jobs is beginning to weaken.

Community and social services job demand grew in most areas, as did demand for military-specific occupations with the U.S. Army, Army National Guard, and U.S. Army Reserve stepping up recruiting efforts.

Monster will release the results for its Local Employment Index for August on September 15.

Chris is a staff writer for WebProNews. Visit WebProNews for the latest ebusiness news.