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 8/4/05 For Jul 2005 | ||||||
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Highlights
The monster employment index dipped a bit in July to 134 vs. 136 in June, but it still indicates solid conditions. Manufacturing, which should be closely watched given mixed indications whether the auto industry will boost production to fill now empty dealer lots, slipped a couple of points to 134. Construction showed a sharp jump to 156 from 144, in a gain reflecting summer activity (note the indexes are not seasonally adjusted). The report won't shake expectations for another moderately strong employment report tomorrow.
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