WCCO-TV reports that Monster.com is reporting increased recruitment postings.
Recruitment in a variety of industries and occupations has pushed an online index of hiring to its highest level ever.
An official at Monster Worldwide says his company's Monster Employment Index indicates businesses are "more confident about the strength of the economy." He says companies are hiring based on the prediction of continued growth.
The company says hiring in the retail and wholesale trade industries for the year-end holiday season played a major role in job growth.
It sounds like it is a combination of the cyclical increase in retailer jobs which occurs as retailers hire extra workers for the holidays combined with increase use of online recruitment websites like Monster.com by employers. It doesn't necessarily indicate that the economy is strengthening.
