Citing weaker online recruitment activity, The Monster Employment Index Canada declined by 27 points in the final quarter of 2008, marking the second consecutive quarter the index has fallen and is down 22 percent year-over-year compared to Q4 2007.

All 10 occupational categories tracked by the Index showed weaker online job demand compared to the previous quarter of 2008, with trades and transportation jobs and primary industry occupations posting the sharpest losses overall.

“Considering the current economic environment and the caution being shown by Canadian employers, it is not surprising to see declining online recruitment during Q4 as reflected by the Monster Employment Index Canada,” said Peter Gilfillan, SVP of international sales and GM of Monster Canada. “The latest results indicate that conditions in the Canadian labor market are continuing to soften.”

The Monster Employment Index Canada is based on a real-time review of millions of employer job opportunities culled from a large, representative selection of corporate career sites and job sites, including Monster.ca

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