ONLINE job recruiting site Monster.com said job posting activity grew across all industries in May, led by the Consumer Goods segment.
The May Monster Employment Index (MEI) showed a 17% year-on-year rise in online hiring activity, Monster said.
“Online hiring in the Philippines witnessed a positive uptrend with 17% year-on-year growth in e-recruitment demand between May 2018 and 2019,” Monster said in a statement on Tuesday.
Monster.com-Asia Pacific and Middle East CEO Abhijeet Mukherjee said that the increase of recruiting activity shows that local talent is still a hot commodity online.
“The online demand for talent in the Philippines has been consistently positive for quite some time now, despite the PSA’s recent Labour Force Survey report showing a decline in the number of Filipinos looking for jobs, as well as GDP growth deceleration to 5.6% in Q1 2019 from 6.2% in 2018,” he said.
The MEI also showed growth for all 12 industries it tracks, led by the Consumer Goods/FMCG sector, where hiring activity grew 35% year-on-year in May. Next was health care at 29%.
The Logistics, Courier/Freight/Transportation, Import/Export and Shipping sector grew 23%; followed by Hospitality (22%); IT, Telecom/ISP (20%); Production/Manufacturing, Automotive and Ancillary (15%); Retail (15%); BPO/ITES (11%); Education (9%); and Engineering, Construction and Real Estate (7%).
MEI said that HR & Admin jobs were in most demand of all occupations with 20% year-on-year growth in hiring activity. — Gillian M. Cortez
