Monster reports 12pc annual growth in online job demand

9 Mar 2011

The Monster Employment Index UK (MEI) witnessed a 9pc growth in online job demand from January to February 2011, and revealed a 12pc increase annually.

The Monster Employment Index UK suggests some improvement in employment in the UK as it is at its highest since 2008.

“It is a significant milestone to see recruitment at its highest level since December 2008 and trends indicate a positive outlook for most UK industries," said Isabelle Ratinaud, Monster UK and Ireland spokesperson.

Online demand for IT workers in February grew from 103 to 113 points, an increase of 9.7pc month-on-month, with year-on-year demand 23pc higher in comparison to February of last year. This index places IT as the third most in-demand sector, behind transport and research and development. Demand for engineers rose by 15pc from January to February.

According to the MEI, online recruitment witnessed a dramatic increase in the number of construction jobs available online by 17.5pc, marking the highest recruitment level for construction since the end of 2008.

“Many sectors that were said to be struggling, such as construction, have shown a strong recovery this month, while others, particularly those relating to manufacturing, have performed well," said Ratinaud.

The February, Monster Employment Index Europe also reported an increase in online hiring throughout Europe, in 23 of the 24 industry sectors monitored.

The index showed that IT worker demand growth was proportionally smaller and engineer demand proportionally higher than in the UK.

Ratinaud strongly encourages contractors seeking new contracts to up their game.

“Candidates must also remember that high levels of unemployment mean competition is strong, so they must continue to go the extra mile in applications and interviews to stand out from the crowd.”

The index reported Germany as one of the most top trending countries in Europe for long-term growth.

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