Online Recruitment Dips in the UK in April, According to the Monster Employment Index

April 2008 Highlights:

•           Online hiring activity in the UK dips for the second straight month while year-on-year growth remains solid

•           The hospitality and tourism sector registered the highest increase in demand amid intense seasonal hiring

•           Architecture and construction sectors report significantly fewer opportunities compared with March, mirroring reports of a slowing housing market

•           Online job availability increases in the banking, finance and insurance industry for a third consecutive month, suggesting surprising resilience in financial sector hiring

•           Among occupational groups, legislators, senior officials and managers see the highest growth over the past three months and year-on-year

•           East Anglia is the only region to show a year-on-year decline in hiring

Overview

The Monster Employment Index UK dipped by eight points in April to reach a level of 179. Increased hiring in the hospitality and tourism industry was offset by fewer opportunities in housing and construction related sectors. The Monster Employment Index UK is a monthly analysis of millions of online job opportunities culled from a large, representative selection of corporate career sites and job boards across the UK, including Monster.co.uk.

Index results for the past 13 months are as follows:

Apr   Mar   Feb   Jan   Dec   Nov   Oct   Sep   Aug   Jul   Jun   May   Apr            
08   08   08   08    07   07   07   07   07   07   07   07   07
179   187   192   160   174   169   160   162   167   165   170   162   141

The Monster Employment Index UK, as well as the other European Indices, is available at:

http://corporate.monster.com/Press_Room/MEI_EU.asp