Monster (MWW) Employment Index Shows 9% Growth in January
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Ahead of nonfarm payroll numbers Friday, Monster (NYSE: MWW) released its monthly U.S. "Employment Index."
For January, the index grew 9 percent year-over-year to a reading of 133. The number was a 5 percent dip from December's 140 level.
Agriculture, Forestry, Fishing, Hunting led industry growth with a 33 percent pop in employment, while Transportation and Warehousing moved 31 percent higher. Public Admin saw 8 percent consolidation while Utilities were flat for January.
Transportation and Warehousing saw a 35 percent increase in online demand, with Legal getting a 23 percent increase. The lowest growth occupations were in Arts, Design, Entertainment, Sports, and Media at a 1 percent drop. Business and Financial Ops grew just 1 percent.
Monster said the fastest-growing region was Orlando, Florida, with a 30 percent increase. Cincinnati was second at 28 percent, while Atlanta, Kansas City, and Pittsburgh rounded out the top 5 at 27 percent. Least growth was experienced in Seattle and Phoenix at 9 percent.
Outside of the U.S., Europe reported 9 percent growth in January. Monster commented, "Germany continued to lead all countries in annual growth, although at a slower rate of 30 percent. Engineering and production were the top two growth industries, each registering annual growth of 22 percent. Online opportunities in management and the public sector record steepest declines." India reported a 3 percent increase in December.
Nonfarm numbers should show additions of 140,000 for January, according to recent data.
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For January, the index grew 9 percent year-over-year to a reading of 133. The number was a 5 percent dip from December's 140 level.
Agriculture, Forestry, Fishing, Hunting led industry growth with a 33 percent pop in employment, while Transportation and Warehousing moved 31 percent higher. Public Admin saw 8 percent consolidation while Utilities were flat for January.
Transportation and Warehousing saw a 35 percent increase in online demand, with Legal getting a 23 percent increase. The lowest growth occupations were in Arts, Design, Entertainment, Sports, and Media at a 1 percent drop. Business and Financial Ops grew just 1 percent.
Monster said the fastest-growing region was Orlando, Florida, with a 30 percent increase. Cincinnati was second at 28 percent, while Atlanta, Kansas City, and Pittsburgh rounded out the top 5 at 27 percent. Least growth was experienced in Seattle and Phoenix at 9 percent.
Outside of the U.S., Europe reported 9 percent growth in January. Monster commented, "Germany continued to lead all countries in annual growth, although at a slower rate of 30 percent. Engineering and production were the top two growth industries, each registering annual growth of 22 percent. Online opportunities in management and the public sector record steepest declines." India reported a 3 percent increase in December.
Nonfarm numbers should show additions of 140,000 for January, according to recent data.
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