2008-09-15 19:35:01 -
- Monster Steve Sylven, 978-461-8503 steve.sylven@monster.com or Weber Shandwick for Monster Noah Brown, 617-520-7147 noah.brown@webershandwick.com Despite a sluggish economy, recent 2008 graduates looking for their first foray into the world of work will find many employers nationwide looking to fill entry-level positions. MonsterTRAK today released the top five industries for entry-level workers based on a review of job openings posted
on its site over the last year(1). MonsterTRAK is a leading online resource that connects college students and recent graduates with employers looking for qualified entry-level and internship candidates and a division of Monster(R), the leading global online careers property and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST).
Though business and finance postings continue to dominate the majority of entry-level openings, the rise in medical and educational opportunities suggest a shift in the type of jobs available to entry-level candidates. More and more employers are realizing the value of providing entry-level training and development programs in an effort to promote and groom from within.
The top job categories and occupations(2) are:
#1 - Sales and Business Development: Accounting for almost a quarter of all postings for entry-level workers, Sales and Business Development includes jobs in account management, real estate, advertising and field sales.
#2 - Accounting and Finance: Despite a downturn in the mortgage and loan sectors, this category accounts for almost 15 percent of postings, with employers seeking entry-level candidates for accounting, financial analysis, consulting and administration positions.
#3 - Training and Instruction: Education-related opportunities, including special education and junior high school teachers, college administrators, counselors and adult education specialists, increased more than 90 percent year-over-year.
#4 - Information Technology and Software Development: The most popular jobs in this industry include web and software design, consulting, online security systems, computer maintenance and help desk support.
#5 - Medical and Health: This category outpaced all others with growth of 200 percent year-over-year. Nurses, dental practitioners, pharmacists, physical and occupational therapists, and general practice physicians are the most highly sought.
"As the medical and educational sectors continue to add jobs, as well as expand online recruitment efforts, we expect their need for qualified applicants to outpace other white-collar industries that previously dominated year-over-year growth such as the slowing financial and business sectors," said Mark Charnock, Vice President and General Manager, MonsterTRAK. "Because the majority of industries, regardless of the sector, will continue to face a shortage of talent generationally, many employers are looking to attract entry-level candidates by offering long-term growth potential and other perks. This remains good news for students who are undecided about a degree path, as well as recent graduates and young professionals still looking for their first opportunity."
About MonsterTRAK
MonsterTRAK is a leading online resource that connects college students and recent graduates with employers looking for qualified entry-level and internship candidates. With more than one million registered users, employers gain unprecedented reach, and today's emerging workforce benefits from MonsterTRAK's suite of career development tools designed to help them highlight their strengths and identify the best opportunities. Additionally, college and university career centers are able to showcase specific, relevant opportunities to students based on their individual interests using Career Ad Network, Monster's patent-pending job syndication technology.
Founded in 1987 as JobTRAK, MonsterTRAK was acquired by Monster, the leading online global careers and recruitment resource, in 2000. More information is available at
www.monstertrak.com.
About Monster Worldwide
Monster Worldwide, Inc. (NASDAQ: MNST), parent company of Monster(R), 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. Monster Worldwide is a member of the S&P 500 index and the NASDAQ 100. To learn more about Monster's industry-leading products and services, visit www.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.
(1) According to MonsterTRAK job postings from July 1, 2007 - June 30, 2008.
(2) MonsterTRAK revised its job categories and occupations to better reflect those on Monster.com. Previous job categories and occupations were converted to reflect accurate year-over-year comparisons.
Opportunities in Medical and Health; Training and Instruction Show
Extraordinary Increases
