Although the Index only noted a mild increase in July, online job opportunities reached a 17-month high, suggesting ongoing improvement across Europe. In addition, the annual growth rate accelerated once again in July, with online worker demand now up 14 percent compared to year-earlier figures.

July 2010 Index Highlights:

- The Monster Employment Index Europe edged up one point (one percent) in July, whilst online job demand was up 14 percent year-on-year

- Increased worker demand in transport and production and manufacturing sectors fuelled the overall Index rise

- Germany exhibited the sharpest monthly rise for the second consecutive month, followed by France; Sweden continued to show the most improved long-term trend

Among industry sectors, automotive noted a solid rise, whilst transport, post and logistics and production, manufacturing, maintenance and repair exhibited a sharp uptick for the second consecutive monthly, mirroring growth in European industrial production and exports.

“July saw the Index extend to a sixth consecutive month of growth and reach a 17 month high, reflecting continual improvement on the demand-side of the job market. This coincides with rises in consumer confidence and business activity to suggest that now is an encouraging time for job seekers,” commented Andrea Bertone, head of Monster Europe. “While wider recovery is still limited, it is notable that sectors badly hit by the recession, including manufacturing and transport, are showing significantly higher levels of recruitment activity compared to this time last year.”