Strong double-digit growth trends in Germany, France and Sweden have driven the notable 21 percent increase in year-over-year growth for Europe,” commented Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe. “Employers, particularly in the public sector and banking/ finance, continue to remain cautious but in general are still hiring for critical positions across all occupational groups.”

Industry Year-over-year Trends:

23 of the 24 industry sectors monitored by the Index in August exhibited positive annual growth trends.

Production, manufacturing maintenance and repair (up 42 percent) was this month’s star performer by measure of annual growth where ongoing escalation has been strongest for Germany, as well as throughout Eastern Europe

Transport post and logistics (up 40 percent) slipped back to second position by measure of annual growth in August, however the current rate still reflects a high level of demand across this sector

Engineering (up 40 percent) and Telecommunication (up 40 percent) also reported continued strong annual growth and ranked top for the professional services segment in August

Public sector, defence, community (down five percent) was the only industry to report decline in activity in August in a continued response to cutbacks in this sector