U.S. Employment Index Showed Five Percent Increase in June

Author: Usman Zafar Paracha
Published: July 08, 2012 at 10:39 am
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U.S. Online Jobs demand increased in June as reported by Monster Worldwide Inc., an online careers and recruitment company. The report showed an increase of 5% in Monster Employment Index U.S. in June from last year and elevated 4% month-over-month.

The Monster Employment Index U.S. is a monthly calculation of U.S. online job posting activity based on job opportunities selected from a huge selection of career Web sites and online job listings. This index shows the variation in job listings across the country.

The company has reported that its employment index increased by 4.1% to 153 points from 147 points in May. This is 4.8% increase from 146 points a year ago. This index showed yearly growth in 14 of the 20 industries and 19 of the 23 occupations managed last month.

According to the report, online labor demand increase has been led by jobs present in the transportation and warehousing sector that increased by 22% from a year ago while retail positions regained energy with 9% increase on the year and in this way retail sector again became one of the top five growing industries. Wholesale trade went up 15% and remained within the top growth sectors. Healthcare and social assistance went up 8% in June that is more than 4% increase recorded in May.

Information is sustained year-over-year and educational services, utilities, and public administration showed annual growth decline.

Monster said that there is an increase in growth in all major California markets led by a 10% increase in Los Angeles while Washington D.C. reported the lowest growth, i.e. up 4%, among the markets.

This report has been released at the same time when Labor Department reported that only 80,000 new jobs have been added in June i.e. a decline in second quarter from the first quarter.

 
 

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Article Author: Usman Zafar Paracha

Usman Zafar Paracha has been blogging in science and technology for more than 6 years. He is CEO of SayPeople.com. Email: uzparacha@yahoo.com Twitter: @jeepakistan

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