Monster collects job postings from 1,500 web sites (including Monster.com) and creates an index of job availability, akin to The Conference Board's help wanted index. The difference between the two is that one collects help wanted advertising from newspapers and the other collects from online posting. The Monster index is not seasonally adjusted. Why Investors Care
| Released on 6/2/05 For May 2005 | ||||||
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Highlights
The Monster Employment Index rose further in May, to 134 from 131 in April. The degree of improvement can be seen in the year-on-year comparison, which shows May 2004 at 105.
This index did a good job of predicting the jump in April payrolls as well as the prior revisions. The data may raise outside suspicions for stronger-than-expected results in tomorrow's monthly employment data.
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