- Recruitment remained relatively active, with less seasonal slow-down than is typically seen for the month. However, Real estate was the only sector to see increased demand from December to January, driven by growth in Germany and France.
- Transport, post and logistics noted the greatest annual gain
- Public sector opportunities continued to reduce, aligning with trends of reductions in government spending in many European countries
- Online job demand for Managers edged down slightly on a monthly basis
- Germany continued to lead all countries in annual growth; Italy eased following a high performing December
The seasonal slow-down was mild, relative to what is typically seen at this time of year. Engineering and production, manufacturing, maintenance, repair recorded notably mild degrees of easing on the month. These sectors continue to be among the largest contributors to Europe’s overall job market turnaround.
Public sector job opportunities hit the lowest level since May 2010, reflecting significant cuts in government spending across the continent. Following a sharp rise in growth in education, training and library in December relating to the start of a new semester, the sector reduced to normal levels in January although remained up year-on-year.
“The long term picture continues to improve, with Europe’s industrial production, together with a high performing market in Germany, creating the highest annual growth rate seen since the recession,” commented Andrea Bertone, Vice President of Business Operations at Monster Europe. “However, the Index shows the impact of tighter government spending, with significant reductions in public sector opportunities. The months ahead will be key as we see the currently-growing private sector react to these cut-backs.”
