Dow:
Nasdaq:
S&P 500:

10276.17 (+6.70)
2189.06 (+12.22)
1085.03 (+4.74)

Featured Articles
Recover from Losses
Learn how to use a simply stock options strategy to cut your breakeven in half and quickly recoup losses!

How to Recession-Proof
Learn where to invest your money to minimize damage from the impending U.S. recession.

Gauge Stock Momentum
Learn how to determine when your investments have begun to lose steam to sell out before the crowd!

Research Tools
SEC Filings Analysis
Executive Compensation

Monster Worldwide, Inc. (NYSE: MWW) has been seeing a slowdown in job postings as corporations slash payrolls in a desperate effort to control costs – even Monster is reducing its workforce by 700 associates! However, more consumers looking for jobs have increased the firm’s long-term value while an international expansion has helped to offset some of the losses.

Unemployment rates in the United States jumped to 8.1 percent last month as the economy shed some 651,000 jobs, according to the Bureau of Labor Statistics. Many Americans are hoping that Obama’s spending package will help to reignite the job market and spur consumer spending – the cornerstone of the economy. However, this program could take some time to show results.

In the meantime, Monster Worldwide has used the economic decline to expand its domestic user base as well as expand internationally. The firm’s international revenues jumped 17.9 percent to help offset the 9.8 percent decrease in domestic revenues. Approximately 10.9 percent of the growth was due to favorable currency movements while the rest was due to growth in Europe and Asia.

Any improvement in the domestic economy could pay huge dividends to Monster Worldwide investors. The poor economy has made Monster.com ubiquitous for job searching as an increasing number of consumers sign-up on its web site. Meanwhile, international growth has positioned the company as a worldwide leader in corporate job posting and consumer job searching.

Add to: del.icio.us | Digg