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The employment outlook continues to improve

The Monster Employment Indices for October showed "improved overall online job availability compared to October 2010," with the overall index up 11% over the past year.

Industry Year-over-year Trends: 15 of the 20 industries monitored by the Index showed positive annual growth trends.

Information (up 27 percent) remained amidst the top growth sectors with continued demand for professionals in software, digital media, and telecommunications

Retail Trade (up 26 percent) exhibited notable expansion in online recruitment levels suggesting that some employers are fully proceeding with their seasonal hiring efforts 

Manufacturing (up 18 percent) registered an accelerated growth pace in October

Public Administration (down 30 percent) continued to record the steepest decline in October, dropping to a new low in the Index

As a counterbalance to all the gloom and doom coming from Europe these days:

The Monster Monster Employment Index Europe registered a 14 percent annual growth rate in October. The engineering sector continued to lead the index with the largest year-over-year growth while opportunities in industrial production and related sectors continued to be among top growth sectors. Germany continued to lead all countries in annual growth 

All in all, I'd say this is encouraging, and it strengthens the import of the BLS release today of job openings in September, which also registered ongoing gains.

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