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~ Thursday, March 31, 2005
Monster Employment Index Surges Higher in March, Continuing Strong Three-month Growth Trend in U.S. Online Job Demand March 2005 Index Highlights: -- Index at new all-time high of 130; up dramatically from a year ago -- Continues steady stepwise growth in online job demand since December 2003 -- 15 of 20 industries show increases, led by mining and management of companies & enterprises -- 22 of 23 occupational categories up over February, with military recruitment leading the way -- All nine U.S. Census Bureau regions show increases U.S. online job demand and online recruitment activity increased significantly in March, according to the latest findings of the Monster Employment Index. Measuring strong growth in online job availability across all Index categories, the Monster Employment Index jumped from 122 in February 2005 to 130 in March, establishing a new all-time high for the Index since its inception. The Index's March level marked a very sharp increase in online job availability compared to a year ago, when the Index stood at just 97, and capped a first-quarter trend of steady, stepwise growth in U.S. online job demand since December of last year. The Index's overall results for the past 13 months are as follows: ---------------------------------------------------------------------- Mar. Feb. Jan. Dec. Nov. Oct. Sept. Aug. Jul. Jun. May Apr. Mar. 05 05 05 04 04 04 04 04 04 04 04 04 04 ---------------------------------------------------------------------- 130 122 120 113 117 114 114 112 107 108 105 103 97 ---------------------------------------------------------------------- "With the Monster Employment Index showing online job availability at its highest level in the past 18 months, and a strong, three-month growth trend since the beginning of the year, U.S. online recruitment activity continues to demonstrate broad, positive momentum in 2005," said Jeff Taylor, Founder and Chief Monster. "These results, combined with other positive economic and labor market indicators, including the Department of Labor's data on rising wages and salaries, is clearly positive news for the economy and should bode well for the Class of 2005 and anyone else seeking new employment opportunities this spring and summer." Mining, Construction and Manufacturing Among Industries Showing Increased Demand Fifteen of the 20 industries tracked by the Monster Employment Index saw increased online job demand in March, led by the mining industry, which continued a three-month growth trend amid increased online demand for technical positions such as equipment maintenance, and engineering and finance-related positions. Other industries showing increases in March included: -- Construction, which continued a four-month growth trend of online demand for occupations such as sales, finance, engineers, technicians, designers and trades; -- Manufacturing, which extended a three-month growth trend for 2005 as companies continued to seek to fill openings, such as sales reps, administrative and intern positions; and -- Accommodation & food services, which is reflective of the continued growth and strength of the U.S. restaurant industry. Online Demand for Military Occupations Remains Strong as Recruitment Efforts Continue Military-related positions were among the occupations seeing the strongest online demand during the month of March. Contributing to the increase is the fact that the U.S. military has relaxed its age limits and is recruiting to support efforts in Iraq and Afghanistan. Overall online demand for workers rose in 22 of 23 occupational categories during March, indicating increased online job availability across a wide range of positions. Occupations registering significant increases during the month included: -- Architecture & engineering, which saw strong increases partially due to numerous large building projects that have been ramping up since the beginning of the year; -- Food preparation and services, which edged up strongly, partially due to the continued strength in the U.S. restaurant industry; and -- Building/grounds cleaning & maintenance, which saw continued strong demand as a result of employers continuing to prepare for upcoming seasonal needs. Online Job Demand Rises Across All U.S. Regions in March Online job demand for workers rose in all nine U.S. Census Bureau regions in March, led by the West South Central region, which registered the greatest month-to-month increase. All regions remained at very high levels when compared year over year. Forty-four U.S. states, along with the District of Columbia, registered increases during the month, with Alaska, Colorado, Nebraska and Oregon among those seeing the sharpest gains. To obtain a full copy of the Monster Employment Index report for March 2005, including all charts and tables, please visit http://eIndex.monsterworldwide.com. Data for the month of April 2005 will be released on May 5, 2005. About the Monster Employment Index Launched in April 2004 with data collected since October 2003, the Monster Employment Index is a broad and comprehensive monthly analysis of U.S. online job demand conducted by Monster Worldwide, Inc. (NASDAQ: MNST), the parent company of the leading global online careers property, Monster(R). Based on a real-time review of millions of employer job opportunities culled from more than 1,500 Web sites, including a variety of corporate career sites, job boards and Monster, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide. All of the data and findings in the Monster Employment Index have been validated for their accuracy through independent, third party auditing conducted on a monthly basis by ARC Research, a Cranford, New Jersey-based provider of innovative click and brick market research solutions. The audit validates the accuracy of the online job recruitment activity measured for the last six months within a margin of error of +/- 1.05%. Data for the month of April 2005 will be released on May 5, 2005. About Monster Worldwide Founded in 1967, Monster Worldwide, Inc. is the parent company of Monster(R), the leading global online careers property. The company also owns TMP Worldwide, the world's largest Yellow Pages advertising agency and one of the world's largest Recruitment Advertising agency networks. TMP Worldwide is also a provider of direct marketing services. Headquartered in New York with approximately 5,000 employees in 26 countries, Monster Worldwide (NASDAQ: MNST) is a member of the S&P 500 Index. More information about Monster Worldwide is available at www.monsterworldwide.com. Monster is the leading global online careers property. A division of Monster Worldwide, Monster works for everyone by connecting quality job seekers at all levels with leading employers across all industries. Founded in 1994 and headquartered in Maynard, Mass., Monster has 25 local language and content sites in 23 countries worldwide. More information is available at www.monster.com or by calling 1-800-MONSTER. To learn more about Monster's industry-leading employer products and services, please visit http://recruiter.monster.com. Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference. 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~ Sunday, March 27, 2005
Career Expo 2005 Job Fair Career Expo 2005 Job Fair Helps Job Seekers Find Employment More than 200 employers will be on hand seeking to fill entry- to professional-level jobs at the 12th annual Career Expo 2005, 10 a.m. - 4 p.m. Wednesday, March 30, at the Arizona State Fair Grounds, Exhibition Building, 1826 W. McDowell Road. | |
