Online HR job ads increase for second month

The number of HR jobs available online has increased for the second month in a row, in contrast to demand dipping across all sectors, the latest figures have revealed.

The August 2009 Monster Employment Index saw a one-point rise in HR hiring, from 63 to 64 points, where the baseline is 100. The figure is still far from the reading of 162 recorded a year ago, but follows an 11% rise in HR job demand recorded last month, when the index rose from 57 to 63.

Overall online job demand fell by one point, from 110 to 109, with the education, engineering and telecommunications sectors showing the worst decline.

The index – compiled from an analysis of millions of online job opportunities culled from corporate career sites and job boards – recorded that the marketing, PR and media sector was the best performer, rising from 99 to 105 points.

Hugo Sellert, head of economic research at Monster Worldwide, said: “Although employer demand has remained largely stable since the beginning of the year, businesses have not yet resumed hiring. The level of vacancies across the UK is still insufficient to reverse increasing job losses.”

The latest unemployment figures show that the number of people out of work has now reached 2.43m.

“The rising number of unemployed means that businesses have a larger pool of available talent to choose from. This increase in ease-of-hiring is in turn contributing to the reduction in advertising of live jobs.”

Overall, the August 2009 index was down 37% year-on-year.

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