Financial Services; Sales and Marketing; and Architecture and Engineering Among the Most Prevalent Fields
MAYNARD, Mass.--(BUSINESS WIRE via COLLEGIATE PRESSWIRE)--Aug. 27, 2007--As summer comes to a close and recent 2007 graduates embark on the working world in lieu of returning to campus, employers nationwide are opening their doors and inviting workers to apply for their first jobs. Where will they find the most opportunities this fall? And how should current students prepare to take advantage of the most plentiful positions down the road? After monitoring online job demand across several industries, over the last year, MonsterTRAK today announced the top five industries for entry-level workers. MonsterTRAK is the student division of Monster(R), the leading global online careers and recruitment resource, and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST).
Based on the number of entry-level job opportunities posted to MonsterTRAK, the top occupations, are(1):
#1 - Business Operations, HR and Financial Services: Offering nearly one-fourth of all job opportunities for entry-level workers, this category includes jobs in accounting, financial analysis and research, management and administration, and human resource and labor relations.
#2 - Sales and Marketing: Brand and product marketers represented the most rapidly growing segment from within this category, growing more than 300 percent, year-over-year.
#3 - Architecture and Engineering: Naval architects and marine engineers are the most highly sought specialists by employers hiring in this category, followed closely by electrical, civil and mechanical engineers.
#4 - Computer, Information Technology and Mathematical: Of the top five, this category experienced the most growth, increasing almost 18 percent year-over-year. Opportunities for workers in programming, computer maintenance and support, geographic information systems (GIS) and web design are the most desired positions.
#5 - Office, Administrative and Customer Support: The most popular jobs in this category include administrative assistants, customer service representatives, receptionists and data entry clerks.
"Employers' demand for workers in the white-collar industries have been consistently growing and will presumably continue to do so, as evidenced by entry-level hiring trends witnessed last year and supported by the Monster Employment Index(2) findings," said Mark Charnock, Vice President and General Manager, MonsterTRAK. "This data not only provides young professionals with insight into the most prospering occupations, but presents students who remain undecided about a major - or those who are unclear which path to take after graduation - an opportunity to enhance their job search efforts down the road."
Preparing for a Career in a Top Five Industry
While business operations, HR and financial services are popular fields for hiring in 2006/2007, many of the people who will assume open positions in this industry will not have business or math-related majors. In fact, a variety of studies and experiences, both collegiate and otherwise, can offer candidates an opportunity to stand out among the competition. Applicants with unconventional majors can bring new expertise and skills sets to a job, offering employers the chance to build a unique, well-rounded staff.
"Our focus is on our clients and advisors and recruiting people who will have a passion to serve and to help our clients achieve their dreams," said Shelly Forkrud, Director of Advisor Recruiting and Selection for Ameriprise Financial. "In addition to attracting those with financial backgrounds, we look for talented people who are early in their careers or are making a career change. Everyone's background is unique, but each individual must have a strong sense of providing the best client experience possible."
To explore what other careers can be pursued with seemingly unrelated degrees, MonsterTRAK created the "Major to Career Converter," available at: www.monstertrak.monster.com/pr/topentrylevel/. This tool offers students the chance to explore current positions available on the site that may unexpectedly intersect with their academic major, interests, values, personal style and skills.
About MonsterTRAK
Founded in 1987 as JobTRAK and acquired by Monster(R), the leading online global careers and recruitment resource, in 2000, MonsterTRAK is dedicated to preparing college students to enter the job market and find the right job, optimizing and expanding the services career centers provide, and connecting employers with the most qualified students to fill internship, part-time and entry-level positions. MonsterTRAK has over 1.6 million active users and maintains relationships with more than 3,100 college and university career centers, MBA programs and alumni associations nationwide. For more information, please visit https://www.monstertrak.com.
About Monster Worldwide
Monster Worldwide, Inc. (NASDAQ: MNST), parent company of Monster(R), the premier global online employment solution for more than a decade, strives to bring people together to advance their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 Index and the NASDAQ 100. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at www.monsterworldwide.com.
Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information ontained herein, the statements made in this release constitute forward-looking statements within the meanig of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission.
(1) According to MonsterTRAK job postings from July 1, 2006 - June 30, 2007
(2) Launched in April 2004 with data collected since October 2003, the Monster Employment Index is a broad and comprehensive monthly analysis of U.S. online job demand conducted by Monster Worldwide, Inc. Based on a real-time review of millions of employer job opportunities culled from more than 1,500 Web sites, including a variety of corporate career sites, job boards and Monster, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide.
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