Python Notes for mca i year students osmania university.docx
Monster 2008 Us Job Seeker Overview
1. United States
Job Seeker Annual Overview
Brought to you by Monster Intelligence
2008
http://intelligence.monster.com
United States – Job Seeker Annual Overview
The Job Seeker Annual Overview provides HR professionals and executives with a
snapshot of job-seeking activity on Monster within the United States. This report has the
following objectives:
● Help HR Professionals improve the way they use Monster.
● Provide some “Tips and Tricks” supporting HR activity on Monster.
● Show overall Monster trends.
This tour inside Monster will help guide strategic recruiting to the next level and make the
use of Monster products as effective as possible.
All data are U.S. Monster data from transactions in 2007.
http://intelligence.monster.com 2
2. Executive Summary
Over the year, the unemployment rate has edged up by a marginal value. Unemployment
matched a six-year low of 4.4 percent in March 2007, but has drifted since then. Still,
national unemployment stands at the so called “full employment” figure of 5 percent in
December 2007.
The U.S. Monster Employment Index charted a tempered ascent in 2007, featuring polarized
growth in online recruitment activity and related job opportunities as the year progressed.
● Growth was primarily driven by higher demand for workers in public administration and the goods-
producing industries; demand in the service industries was more mixed.
Among generations, Gen Y (Born 1978-1990) is the fastest growing segment of the
workforce and expected to outnumber Gen X (Born 1965-1977) by 2010.
Job Seekers/Candidates focused on finding new job opportunities are more active at the
beginning of the year with seasonal spikes in activity at the end of Q1, Q2 and at the end of
the summer.
● For maximum exposure to job seekers/candidates searching for jobs, post jobs early in the week.
Job Seekers/Candidates on Monster span career levels, education levels and years of
experience.
The increase in Job Seekers/Candidates in many U.S. states and markets began to stabilize
in 2007 after experiencing solid growth through 2006.
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Unemployment Edging Up In The U.S.
Total Nationwide Employment reached 146.2 million in December 2007.
The U.S. Unemployment rate continues to edge upward to 5.0 in December 2007.
Total Nonfarm Employment growth rate slowing to nearly 1.0 percent year over year.
Source: Bureau of Labor Statistics, www.bls.gov
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3. Despite Year-end Slowdowns, Online Recruitment Was
Stronger In 2007 Than In 2006
According to the Monster Employment Index, online recruitment activity and related job opportunities have been slowing.
Nonetheless, online help-wanted advertising was stronger in 2007 than in 2006, providing a contrast to dissenting opinions
of an economic slowdown.
Opportunities were particularly rich for graduating college students and industry veterans, as businesses looked for young
talent while simultaneously combating the immediate brain drain from retirements by older-generation workers.
Key Trends
● Competition for healthcare professionals was hotter than ever.
● Demand for manufacturing and trade industry workers was on the rise as the weakening US dollar propelled exports.
● Fairly robust consumption spending nationwide supported high employment of workers in leisure and entertainment.
● Ill-effects from real-estate turmoil had limited reach outside of the financial services industry and select metropolitan
markets.
● Diverse economic opportunities developed from the booming environmental movement, which was pervasive in both
government and private industry policy.
U .S. M o n s t e r E m p lo ym e n t In d e x
200
180
160
140
120
100
80
Apr-04
Apr-05
Apr-06
Apr-07
Dec-03
Feb-04
Jun-04
Aug-04
Dec-04
Feb-05
Jun-05
Aug-05
Dec-05
Feb-06
Jun-06
Aug-06
Dec-06
Feb-07
Jun-07
Aug-07
Dec-07
Oct-03
Oct-04
Oct-05
Oct-06
Oct-07
Source: Monster Employment Index, 2007
http://intelligence.monster.com 5
Monster Is A Global Leader In Online Career & Recruitment
Austria
Bahrain
http://www.jobpilot.at/
http://www.monstergulf.com/
One of the Largest Global Resume Database.
Belgium http://www.monster.be/
Canada
China
http://www.monster.ca/
http://www.chinahr.com/
● More than 80 million resumes.1
Czech Republic http://www.monster.cz/
Denmark http://www.monster.dk/ ● More than 50,000 new resumes added each
Finland http://www.monster.fi/
France http://www.monster.fr/ day.1
Germany http://www.monster.de/
Hong Kong http://www.monster.com.hk/
Hungary http://www.jobpilot.hu/ Presence In 40+ Countries Around The World.
India http://www.monsterindia.com/
Ireland http://www.monster.ie/
Italy http://www.monster.it/ More Then 50 Million Monthly Unique Visitors.2
Jordan http://www.monstergulf.com/
Korea
Kuwait
http://www.jobkorea.co.kr/
http://www.monstergulf.com/ Over 7 Million Job Searches Each Day.1
Lebanon http://www.monstergulf.com/
Luxembourg http://www.monster.lu/
Mexico http://www.monster.com.mx/
Netherlands http://www.monsterboard.nl/
Norway http://www.monster.no/
Oman http://www.monstergulf.com/
Poland http://www.jobpilot.pl/
Qatar http://www.monstergulf.com/
Saudi Arabia http://www.monstergulf.com/
Scotland http://www.monsterscotland.co.uk/
Singapore http://www.monster.com.sg/
Spain http://www.monster.es/
Sweden http://www.monster.se/
Switzerland http://www.monster.ch/
United Arab Emirates http://www.monstergulf.com/
United Kingdom http://www.monster.co.uk/
United States http://www.monster.com
Wales http://www.monsterwales.com/
Source: 1Internal Monster Data, October 2007
2Media Metrix Global Traffic, 2007
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4. Monster’s Audience Outstrips Its Competitors
Nearly two-thirds (63.2%) of CareerBuilder’s audience uses Monster.
55% of Monster’s audience is exclusive to Monster.
18+ Monthly Users of Major Job Sites
63.6%
63.6%
CareerBuilder.com
Total Audience: 8.2 M
Other
Monster.com Major Job Sites Monster.com
Total Audience: 16.4 M
45% 55%
65.3%
65.3%
HotJobs.com
Total Audience: 4.3 M
Source: The Media Audit, Jan 2006- April 2007 Annual Report
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Considerations When Posting An Opportunity At Monster
The following section details key information and trends regarding job seeking behavior of
candidates at Monster.
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5. Managing Future Generations
Though currently a small group, Gen Y is the fastest growing segment of the workforce and
expected to outnumber Gen X by 2010.
Estimated U.S.A. Civilian Non-institutional Workforce by Generation
22% 29% 42% 7%
Generation Y Generation X Baby Boomers Schwarzkopf Generation
(Born 1978-1990) (1965-1977) (1946-1964) (Born <1946)
Ages: 17-29 Ages: 30-42 Ages: 43-61 Ages: 62+
Source: 2006 RainmakerThinking, Inc. Analysis 2006 RainmakerThinking, Inc. Analysis
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Half Of The Employed Workforce Are Always Looking For
Their Next Job
Monster research revealed workers fall into 2 primary groups: