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 11/6/08 For Oct 2008 | ||||||||
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Highlights
A deepening of the jobs recession is evident on the web. Monster's employment index dropped 10 points to 150 in October. Online recruitment fell most sharply for both retail trade and real estate, leisure & hospitality. Two bright spots are mining and utilities. A similar plunge in tomorrow's employment report would seriously deepen recession concern.
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