Cheezhead Recruiting News and Opinion

Last week, Monster Worldwide announced that the Monster.com U.S. Employment Index dropped by three points during July.

The index posted a score of 114 at the end of July, which is 27 percent lower than last year. Even though online recruitment activity remained slow, the index’s year-over-year decrease was the smallest in four months, which could mean forthcoming improvement in employer demand for workers during the beginning of Q3.

The Monster.com U.S. Employment Index is a monthly evaluation of online job demand based on a review of millions of job opportunities collected from a variety of corporate career Web sites and job boards, including Monster.com.

“The decline in U.S. online recruitment activity at the beginning of the third quarter is likely due to a seasonal summer slowdown that is typical this time of year, with most industry and occupational categories experiencing reduced demand,” Jesse Harriott, senior vice president and chief knowledge officer at Monster Worldwide, said. “Although the index is down 27 percent year-on-year, an encouraging take-away and potential sign of stability is the fact that the Index is now showing its most moderate pace of annual contraction since February.”

Overall, online postings for openings in the retail trade industry and military positions increased, while openings for healthcare jobs saw a decline in demand. Although online recruitment activity declined in most metro areas, Portland, Ore., and Miami, Fla., saw increases in online job openings.

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