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US Monster Employment Index Falls In December

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The Monster Employment Index for the US, which is a monthly gauge of U.S. online job demand, was at 115 in December compared to 119 in the previous month, Monster Worldwide Inc. reported on Thursday.

During December, online job availability rose in three of the index's 20 industry sectors and in six of the 23 occupational categories monitored, Monster Inc. said. Online job demand increased in the public administration industry, agriculture, forestry, fishing & hunting and healthcare. On the other hand, wholesale trade registered a largest drop.

Commenting on the news, Jesse Harriott, senior vice president at Monster Worldwide, said: "The decline in the index during December is typical due to end-of-year seasonality. However, the improvement in the annual rate of decline lends evidence to a slight firming in underlying employer demand for workers at the end of the year."

"Despite a challenging economic climate, hiring conditions seem to continue to stabilize, if not already slowly improving," he added.

The Monster Employment Index for the US, which is a monthly gauge of U.S. online job demand, was at 115 in December compared to 119 in the previous month, Monster Worldwide Inc. reported on Thursday. (Market News Provided by RTTNews)

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