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Monster Employment Index
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Definition
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
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| Released on
9/1/05
For
Aug 2005 |
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Monster Employment Index
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| Actual |
142
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Highlights
The Monster Employment Index rose sharply in August to 142 from 134 in July, indicating increased online job recruitment. The gain likely reflects, at least in part, seasonal demand for labor following a seasonal lull in July (note the data are not seasonally adjusted). Sectors showing particular strength included mining and transportation. Manufacturing showed weakness. The results are a marginal positive for tomorrow's monthly employment report.
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