In its inaugural findings, the newly introduced Monster Local Employment Index indicated that online job recruitment activity and related employment opportunities in all but two of the top 28 US metropolitan areas increased or remained strong in June. This new Index is an extension of the national Monster Employment Index, which is compiled each month by researchers at Monster Worldwide, Inc. (NASDAQ: MNST), the parent company of the leading global online careers property, Monster®, and a sister division of TMP Worldwide. It's purpose is to provide a broad, comprehensive monthly analysis of online job demand.
"We established the Monster Local Employment Index to provide government officials, customers, economists and other labor market watchers at the local level with greater insight into online recruitment activity and hiring trends in their respective areas," said Steve Pogorzelski, president of Monster, North America. "Just as the monthly Monster Employment Index findings inform on what is happening in online recruitment on a national level, the Monster Local Employment Index is designed to contribute a clearer understanding of online hiring activity in key metro markets across the US."
With the first two months serving as a baseline of 100, the Monster Local Employment Index found that online job demand rose in half of the top metro markets in June, with Orlando, Denver and Miami registering the strongest increases in online job availability compared to May. Orlando actually outpaced all other markets with an eight point increase, while Miami and Denver each rose a total of four points. Twelve other metro markets, however, remained flat from May to June, and Chicago and Indianapolis saw slight declines.
|Market||Jun. 05||May 05|
|New York City||100||100|
More information on occupational demand in each of the top 28 metro markets is available at eIndex.monsterworldwide.com. Additionally, on August 4, data for the July results of the national Monster Employment Index will be released and, on August 18, data for the July results of the Monster Local Employment Index will become available.