Online hiring activity rises 11% year on year in April

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FREEPIK

JOB RECRUITMENT site Monster.com said April online hiring activity rose 11% year on year led by strong growth in the fast-moving consumer goods segment.

In a statement on Tuesday, Monster said “E-recruitment in the Philippines witnessed positive year-on-year growth of 11% between April 2018 and 2019, according to the latest Monster Employment Index (MEI).”

The April 2019 MEI also reported that the fast-moving consumer goods (FMCG) industry had the highest year-on-year growth with 22%. Other high-growth industries were hospitality (21%); logistics, courier/freight/ transportation, import/export and shipping (16%); healthcare (15%); and IT, telecom/ISP (14%).

The only industry that did not report growth was the education sector, which Monster.com said “saw a 6% decline between April 2018 and April 2019.”

Monster.com-Asia Pacific and Middle East CEO Abhijeet Mukherjee said in a statement that while hiring demand continued with its momentum in the first few months of 2019, there are still some risks to the health of the online employment market.

“The job market reported stable momentum despite the 5.6% growth in the 1st quarter of 2019, and with the ongoing trade war and other economic headwinds businesses will remain cautiously optimistic,” he said.

MEI also reported the top-growing occupations were those in HR & admin and as well as finance & accounts. Monster.com said “HR & admin professionals received the highest spike in demand with 19% year-on-year growth for the month of April, followed by finance & accounts talent with a 18% growth in yearly demand.”

Recruiting activity for the other occupations listed in the MEI all grew. Other top growth occupations were purchase/logistics/supply chain professionals (16%); hospitality & travel (13%); and marketing & communications (12%).

Occupations posting the lowest growth were: software, hardware, and telecom (11%); customer service (11%); healthcare (10%); sales & business development (5%); engineering/production and real estate (3%). — Gillian M. Cortez





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