The top growth areas were Engineering, Manufacturing, Transport, Telecommunication, and Real Estate. Clearly Europe lacks the mining and oil exploration growth that the US is seeing. This has and will be a major hamper to their economy as growing commodity prices can't be escaped via production increases.
The regional data is much more telling. Germany continues to soar up 37% YOY while all other regions have seen major declines since June. Even Belgium, France, Netherlands, and Sweden have seen declines. Not surprising to see Italy drop, but it does highlight why Germany wants the European Union to survive. The weakness in the other European countries is holding down the euro and making it more attractive for German exports. Without that weakness, Germany's currency would be soaring and their exports wouldn't be competitive.
Monster Worldwide (MWW) has been a recent addition to our model portfolios as the stock was crushed during the first part of 2011 yet employment trends remain positive.
Disclosure: Long MWW. Please review the disclaimer page for more details.