hiring
Year-on-year, e-hiring in the Philippines grew 15% in October and November and expanded 14% in December, Monster.com said, adding that last quarter’s performance was “better” than the July-September period.
Pixabay
Philippine online hiring activity posts double-digit growth in Q4
Ian Nicolas Cigaral (Philstar.com) - January 29, 2020 - 2:30pm

MANILA, Philippines — Online hiring in the Philippines registered a double-digit growth in the final three months of 2019, with IT-telecom sector leading e-recruitment activities among all industries, online job postings company Monster.com reported Wednesday.

Year-on-year, e-hiring in the Philippines grew 15% in October and November and expanded 14% in December, Monster.com said, adding that last quarter’s performance was “better” than the July-September period.

“The upward trajectory of online hiring growth in the Philippines is a reflection of last quarter’s economic recovery and is likely to accelerate even further given the current landscape,” Monster.com CEO for Asia-Pacific and Middle East Krish Seshadri said.

“Consumer spending is expected to rise, driven by robust infrastructural developments, easing monetary conditions and a growing tourism sector, and this will help the economy maintain resilience,” Seshadri added.

In the same report, Monster.com said online hiring in the IT-telecom sector grew 28% year-on-year, beating other industries.

When looking at specific job roles, HR & admin professionals continued to lead annual growth with 36% year-on-year increase for October, which later dipped slightly to 35% and 32% in November and December, respectively.

“This is a good time for businesses and employers to start thinking ahead and take steps to future-proof their workforce, so that they are prepared to compete with the expected future demand and maintain their relevance in the global landscape,” Seshadri said.

Monster.com’s Employment Index is a monthly gauge of online job posting activity, based on a real-time review of millions of employer job opportunities culled from a large representative selection of career websites and online job listings across the Philippines.

PHILIPPINE LABOR FORCE
Philstar
  • Latest
  • Trending
Latest
Latest
Recommended
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

FORGOT PASSWORD?
SIGN IN
or sign in with