Monster collects job postings from 1,500 web sites (including Monster.com) and creates an index of job availability, akin to The Conference Board's help wanted index. The difference between the two is that one collects help wanted advertising from newspapers and the other collects from online posting. The Monster index is not seasonally adjusted. Why Investors Care
| Released on 5/1/08 For Apr 2008 | ||||||||
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Highlights
The Monster employment index popped 7 points higher in April to 174 but still remains soft, down 12 points from a year ago. The finance & insurance category firmed in the month but also remains 12 points below last year at 123. Public administration is the strongest category with a reading of 228 with construction, curiously, not far behind at 216 for a 5 point gain. This index tracks web postings for jobs. The Challenger report, which comes out later this morning, tracks company layoff announcements.
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