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Earnings Release

European Online Recruitment Registers Annual Growth of 10%, According to the Monster Employment Index

NEW YORK--(BUSINESS WIRE)--Mar. 9, 2012-- Monster Worldwide, Inc. (NYSE: MWW):

February 2012 Index Highlights:

  • The Monster Employment Index Europe demonstrates a year-over-year growth of ten percent in February
  • Germany continues to be the only country to exhibit strong growth of 28 percent. Italy and UK record relatively low year-over-year growth, while the Netherlands, Sweden, Belgium and France continue to exhibit annual declines
  • Environment, architecture, urbanism and repair exhibits 19 percent annual growth and rises above Engineering to become the top growth industry in February
  • Public sector, defense, community, down eight percent, tracks the largest annual decline in recruitment activity; other sectors to report annual rates of decline include Legal and Management and consulting

The Monster Employment Index Europe is a monthly gauge of online job posting activity based on a real-time review of millions of employer job opportunities culled from a large representative selection of career web sites and online job listings across Europe. The Index does not reflect the trend of any one advertiser or source, but is an aggregate measure of the change in job listings across the industry.

"Germany continues to remain an exceptional growth market, growing at 28 percent year-over-year, despite the ongoing macro-economic uncertainty in Europe," commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. "The sequential increase in the February Index is commensurate with the prior year and reflective of employers looking at their hiring plans after a month of assessing the 2012 outlook".

Monster Employment Index Europe results for the past 18 months are as follows:

                                                                                                             

Sep
10

   

Oct
10

   

Nov
10

   

Dec
10

   

Jan
11

   

Feb
11

   

Mar
11

   

Apr
11

   

May
11

   

Jun
11

   

Jul
11

   

Aug
11

   

Sep
11

   

Oct
11

   

Nov
11

   

Dec
11

   

Jan
12

   

Feb
12

    Y-O-Y
117     122     122     122     116     125     131     136     135     140     139     139     138     139     139     136     127     138     10%
                                                                       

Industry Year-over-year Trends: 21 of the 24 industry sectors monitored by the Index in February exhibited positive annual growth trends.

  • Environment, architecture and urbanism (up 19 percent) was the star performer in February, leading the Index by measure of annual growth
  • Telecommunication (up 18 percent) matched the growth rate of Engineering (up 18 percent) to become the joint-second highest annual growth sectors in February
  • Transport, post and logistics (up 15 percent) continued to register positive annual growth albeit at a slower rate than in recent months. The deceleration in growth is more significant than in any other sector
  • Professional services including IT (up eight percent), Accounting, audit, taxes (up eight percent) and Marketing, PR, media (up six percent) all registered significant annual gains and exceeded seasonal trends
  • Public sector, defence community (down eight percent), noted further reductions in online recruitment compared to a year ago, supplanting Management and consulting (down three percent) as the weakest performing sector in the Index. Legal (down three percent) was the only other sector to show an annual decline.
           
Top Growth Industries Lowest Growth Industries
                                           
Industry    

Feb
11

   

Feb
12

   

%
Y-O-Y
Growth

    Industry    

Feb
11

   

Feb
12

   

%
Y-O-Y
Growth

Environment, architecture
and urbanism

    93     111     19%     Banking, finance, insurance     83     86     4%
Engineering     143     169     18%    

Education, training and
library

    211     214     1%
Telecommunication     97     114     18%    

Management and
consulting

    109     106     -3%

Production, manufacturing,
maintenance, repair

    218     253     16%     Legal     121     117     -3%

Transport, post and
logistics

    150     173     15%    

Public sector, defence,
community

    84     77     -8%
                       

Occupation Year-over-year Trends: All nine occupational groups monitored by the Index in February continued to exhibit positive growth trends for the second consecutive month.

  • Craft and related trades (up 22 percent) completed its tenth consecutive month as the leading occupational group, despite noting slower annual growth than in previous months
  • Technicians and associate professionals (up 13 percent) claimed second place in the Index by measure of annual growth, reflecting an ongoing expansion in demand for support positions across a number of professional sectors
  • Managers (up one percent) showed a reversal in trend as annual growth became positive in February, compared with the declines seen during January and December
           
Top Growth Occupations Lowest Growth Occupations
                                           
Occupation    

Feb
11

   

Feb
12

   

%
Y-O-Y
Growth

    Occupation    

Feb
11

   

Feb
12

   

%
Y-O-Y
Growth

Craft and related trades
workers

    190     231     22%    

Plant and machine
operators, and assemblers

    110     120     9%

Technicians and associate
professionals

    116     131     13%     Professionals     126     135     7%

Skilled agricultural, forestry
and fishery workers

    164     185     13%     Managers     113     114     1%
                       

The full monthly Monster Employment Index reports for Belgium, France, Germany, Italy, the Netherlands, Sweden and the United Kingdom will be made available on Tuesday, 13 March at 06:00 CET at: http://aboutmonster.com/employment/index/17.

Data for the month of March 2012 will be released on April 6, 2012.

                                                       

By Region

                                                                                     
Region    

Feb
11

   

Mar
11

   

Apr
11

   

May
11

   

Jun
11

   

Jul
11

   

Aug
11

   

Sep
11

   

Oct
11

   

Nov
11

   

Dec
11

   

Jan
12

   

Feb
12

   

Y-O-Y
GROWTH

Belgium     113     120     125     119     118     113     109     102     107     102     101     98     107     -5%
France     136     138     146     144     150     148     139     132     139     136     132     123     130     -4%
Germany     139     151     159     158     164     166     172     175     171     175     177     173     178     28%
Italy     134     145     147     145     142     148     140     132     143     146     141     128     137     2%
Netherlands     90     95     97     98     97     96     92     88     89     86     86     81     81     -10%
Sweden     163     161     167     170     161     149     146     149     148     150     158     143     154     -6%
United Kingdom     139     137     138     136     141     140     138     135     140     140     141     129     145     4%
 
                                                       

By Industry

                                                                                     
Industry    

Feb
11

   

Mar
11

   

Apr
11

   

May
11

   

Jun
11

   

Jul
11

   

Aug
11

   

Sep
11

   

Oct
11

   

Nov
11

   

Dec
11

   

Jan
12

   

Feb
12

   

Y-O-Y
GROWTH

Accounting, audit, taxes     93     99     102     101     102     101     98     97     99     99     98     93     100     8%
Administrative, organisation     102     107     107     108     112     109     112     110     111     111     111     104     112     10%
Agriculture, fishing and forestry     109     125     131     130     140     134     133     130     124     123     117     104     121     11%
Arts, entertainment, sports, leisure     106     111     112     113     119     116     113     107     108     110     109     102     110     4%
Automotive     113     117     122     125     135     126     132     128     124     124     114     109     127     12%
Banking, finance, insurance     83     88     91     88     86     89     88     86     87     87     87     82     86     4%
Construction and extraction     122     129     134     135     141     140     144     142     138     137     130     122     132     8%
Education, training and library     211     200     215     218     233     218     208     191     205     202     218     191     214     1%
Engineering     143     152     163     157     161     164     167     168     170     172     172     158     169     18%
Environment, architecture and urbanism     93     95     102     96     103     102     102     101     102     103     107     100     111     19%
Healthcare, social work     612     635     628     623     640     633     624     625     594     628     613     573     635     4%
Hospitality and tourism     217     243     257     257     256     244     247     256     252     251     238     221     242     12%
HR     90     93     95     95     96     95     95     94     94     94     94     91     96     7%
IT     97     100     101     100     104     103     101     99     101     103     102     97     105     8%
Legal     121     121     121     118     119     117     117     114     116     118     112     111     117     -3%
Management and consulting     109     113     115     111     115     114     114     112     110     108     104     97     106     -3%
Marketing, PR and media     136     144     149     143     149     147     148     143     146     143     139     129     144     6%
Production, manufacturing, maintenance, repair     218     238     251     248     259     264     269     271     270     267     259     243     253     16%
Public sector, defence, community     84     87     84     82     83     81     81     80     81     80     75     75     77     -8%
Real estate     111     122     130     126     123     121     120     118     125     124     121     121     123     11%
Research and development     115     118     122     121     123     121     120     119     119     119     117     113     121     5%
Sales     106     107     108     107     112     110     109     108     111     111     107     102     110     4%
Telecommunications     97     99     112     113     102     105     109     109     114     114     109     102     114     18%
Transport, post and logistics     150     162     176     182     190     195     193     195     196     195     192     169     173     15%
 
                                                       

By Occupation

                                                                                     
Occupation    

Feb
11

   

Mar
11

   

Apr
11

   

May
11

   

Jun
11

   

Jul
11

   

Aug
11

   

Sep
11

   

Oct
11

   

Nov
11

   

Dec
11

   

Jan
12

   

Feb
12

   

Y-O-Y
GROWTH

Managers     113     115     117     113     118     118     115     111     113     108     112     101     114     1%
Professionals     126     131     136     133     137     137     136     134     135     136     133     124     135     7%
Technicians and associate professionals     116     122     123     126     127     124     125     124     126     127     125     118     131     13%
Clerical support workers     133     138     142     143     146     144     147     143     145     144     144     132     147     11%
Service and sales workers     265     286     301     298     311     300     297     303     303     304     288     265     298     12%
Skilled agricultural, forestry and fishery workers     164     189     200     196     220     208     205     203     194     191     184     160     185     13%
Craft and related workers     190     206     220     221     230     236     242     246     245     247     238     222     231     22%
Plant and machine operators, and assemblers     110     119     124     122     129     125     124     122     122     113     116     107     120     9%
Elementary occupations     162     178     187     180     194     195     202     203     195     196     182     175     180     11%
 

About The Monster Employment Index Europe
The Monster Employment Index Europe provides monthly insight into online job posting activity across the European Union. Launched in June 2005 with data from December 2004, the Index is based on a review of millions of employer job opportunities culled from a large, representative selection of corporate career sites and job boards, including Monster. The Monster Employment Index's underlying data is validated for accuracy by Research America, Inc. - an independent, third-party auditing firm - to ensure that measured national online job recruitment activity is within a margin of error of +/- 1.05%.

The Index monitors online job opportunities across all European Union member countries.

The monthly reports for Belgium, France, Germany, Italy, the Netherlands, Sweden, the United Kingdom and Europe are available at: http://about-monster.com/employment/index/17.

About Monster Worldwide
Monster Worldwide, Inc. (NYSE: MWW - News), parent company of Monster, the premier global online employment solution for more than a decade, strives to inspire people to improve their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. To learn more about Monster's industry-leading products and services, visit http://www.monster.com. More information about Monster Worldwide is available at http://about-monster.com.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50198290&lang=en

Source: Monster Worldwide, Inc.

Weber Shandwick
Fiona Bates, +44 (0)207 067 0500
MonsterEurope@webershandwick.com