NEW YORK - A monthly gauge of U.S. online labor demand soared in August at its fastest pace in four years, indicating steadier footing for nationwide labor demand, a private research group said on Thursday.
Monster Worldwide Inc, an online careers and recruiting firm, said its employment index surged to 121 in August, up 6 percent from 114 in July.
It was the biggest monthly increase the index has seen since August 2005.
The index was down 24 percent from a reading of 159 a year ago, marking the most moderate year-over-year decline in 2009.
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Source: Reuters
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