Online hiring boosted by positive fundamentals — Monster.com
ONLINE hiring activity in the Philippines increased during the first quarter with the outlook improving due to the country’s strong fundamentals, Monster.com said.
Monster.com said according to its Southeast Asia Online Recruitment Trends Report, “the spike in hiring activity at the start of 2018 comes as no surprise for the Philippines” due to the “positive investor outlook on the country’s economic fundamentals.”
Monster cited a study by Microsoft and IDC/Asia Pacific saying that the country’s strong gross domestic product (GDP) growth will strengthen recruitment activity.
“This will likely boost job creation, salaries, and training opportunities, pointing towards even more promising hiring growth prospects ahead,” Monster.com said.
Job listings with the strongest growth were in the human resources (HR) and administration specialization, which grew 30% year on year in March after posting 29% growth in February and 18% in January, according to the Monster Employment Index (MEI).
The listings for advertising, market research, media, and entertainment jobs also grew strongly, with a 27% rise in March, 25% in February and 20% in January. — Gillian M. Cortez