ONLINE HIRING activity in the Philippines rose slightly during the fourth quarter of 2018, online job recruitment site Monster.com said.
In its Fourth Quarter 2018 Monster Employment Index (MEI) Report, Monster said that online job recruitment in Philippines remained positive.
“(T)the Philippines saw a massive 17% year-on year growth in December 2018, with sectors and industries like Health Care, Purchase/Logistics/Supply Chain, and Retail witnessing the sharpest increases,” the report said.
Monster noted that the economic targets for the Philippines were not met in the fourth quarter but the holiday season nevertheless brought on a surge in activity.
Monster’s 2019 projections for the Philippines are “cautiously optimistic” because of the delayed 2019 General Appropriations Act, which remains untransmitted to the Palace. Despite the impasse, the Philippines remains one of the fastest-growing economies in the region.
Monster.com CEO for APAC and Middle East Abhijeet Mukherjee recommends that companies invest in upskilling employees.
“The upskilling of employees is a worthy investment for businesses to make, and one that many governments are not just encouraging, but championing,” he said. — Gillian M. Cortez