Latest News

Private Sector Hiring on the Rise

The Monster Employment Index (MEI) had a monthly rise of one point in March, as employers continued to expand hiring efforts at the end of the first quarter. The annual growth rate in the MEI accelerated in March, with the current online demand level six percent above where it was a year ago.

The Monster Employment Index is a monthly gauge of U.S. online job demand based on a real-time review of millions of employer job opportunities culled from a large representative selection of corporate career Websites and job boards, including Monster.com.

During March, online job availability rose in 12 of the Index’s 20 industry sectors and in 13 of the 23 occupational categories monitored.

“We’re encouraged by the positive uptick in the Index in the past two months,” says Jesse Harriott, senior vice president and chief knowledge officer at Monster Worldwide. “The Index results may be a signal that companies intend to start hiring again. While the labor market continues to be challenging for those looking for work, we are encouraged to see early signs of what may be a return to consistent job growth.”

---