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 12/1/05 For Nov 2005 | ||||||
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Highlights
The Monster Employment Index jumped sharply in November to 149 from 143 in October, indicating increased job board recruitment and a good sign for tomorrow's big employment report.
Construction, at 191 vs. 186, was once again right at the top perhaps reflecting Gulf Coast rebuilding. Manufacturing was a weak category, falling to 125 from 128 and perhaps pointing to a lower reading for today's ISM manufacturing employment index. November Factory payroll data from the Labor Department will be released with tomorrow's employment report.
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