Monster ray of hope for managers

Mixed news from the online recruitment world - but management is one of the few sectors showing an upturn...

by
Last Updated: 31 Aug 2010

Despite the parlous state of recruitment generally, sectors such as management, consultancy and manufacturing may be bucking the trend, according to a new survey. The Monster Employment Index, which measures online recruitment activity, also shows a slight improvement in the hospitality and tourism sectors (although that's probably down to seasonal variations above anything else). Can the downturn finally have bottomed out?

Maybe not – despite these tentative green shoots, the overall index actually fell slightly in May after a slight upturn the previous month. But according to Monster, the fact that the index has stayed at more or less the same level for three months now does show that things are settling down a bit, after the huge contractions in 2008. 'There are jobs available out there for people who want to work,' Monster’s global economic research head honcho Hugo Sellert reassures us.

But while the survey seems to be encouraging for unemployed managers and consultants everywhere, the prognosis is not so great for those seeking jobs in healthcare, social work, marketing, PR, media, engineering, and research and development. In these sectors - and that seems like a lot of the market to us - job availability is down. And despite the supposed good news from the UK, Monster reports that Europe-wide, professionals reported the largest decline in opportunities - and this presumably includes managers and consultants. Judging by our recent feature on the UK’s new white collar jobless, things are still pretty grim out there.

Regionally, demand fell most in the North and Scotland, and the overall Index is down a whopping 40% year on year, which puts all talk of recovery in its proper context. ‘Most indicators suggest that the UK economy remains stuck in a deep recession. However, a recent pick-up in demand for production workers suggests that jobs prospects in the battered manufacturing sector may be improving somewhat,’ says the ever-optimistic Sellert.

Still. good news for Monster itself (and for MT's own jobsite extraordinaire) in that an increasing number of employers are apparently choosing online as their preferred medium for job advertising. So to shockingly mangle Abraham Lincoln’s famous dictum, ‘If you want to get a job, get online’ (sorry, Abe). But you knew that already, didn’t you?

 

In today's bulletin:
The recession is over, says think-tank
Football crazy as United agree world record Ronaldo transfer
Sun shines on Homebase sales figures
Editor's blog: Fat cats who gorged too long?
Monster ray of hope for managers

Find this article useful?

Get more great articles like this in your inbox every lunchtime

Subscribe

Get your essential reading delivered. Subscribe to Management Today