| Monster Employment Index |
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Released On 3/5/2009 For February, 2009
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Prior | Actual |
| Monster Employment Index | 118 | 122 |
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Highlights
The Monster employment index recovered some of its losses in February, up 4 points vs. January to 122 but still well below December's 131 and 150 going back to October. The results won't shift expectations for tomorrow's employment report which is widely seen showing a massive payroll contraction of 600,000 or more. Weekly jobless claims are up at 8:30 ET.
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Definition
The Monster Employment Index is a comprehensive monthly analysis of U.S. online job demand. It is conducted by Monster Worldwide, Inc. and is based on a real-time review of a large, representative selection of career sites and job boards, including Monster," according to Monster Worldwide. The Index presents a snapshot of employer online recruitment activity nationwide. It was launched in April 2004 with data collected since October 2003.
Why Investors Care
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