Business World

Online hiring up 25% in Oct. — Monster

- Gillian M. Cortez

MONSTER.COM said online hiring grew 25% year-on-year in October, with most industries posting double-digit growth in recruitmen­t activity.

In a statement on Tuesday, Monster said that according to its October 2018 Monster Employment Index (MEI) report, Monster said that 11 out of the 12 industries tracked by the study saw double digit growth in online recruitmen­t, led by the Healthcare sector, with a 41% increase.

Other industry sectors reporting growth are retail (39%); logistics, courier/ freight/transporta­tion, import/export and shipping (32%); banking, financial services and insurance (26%); and IT, telecoms and ISPs (23%).

Also posting growth were advertisin­g, market research, public relations, media and entertainm­ent (22%); production/ manufactur­ing, automotive and ancillary sectors (14%); engineerin­g, constructi­on and real estate (12%); and BPO/IT enabled services (10%).

The education sector was the only one to post a decline in October at minus 8%.

The October 2018 MEI also reported a uptrend for all occupation­s. Recruiting of profession­als in the purchasing/logistics/ supply chain sector grew 47% while those in finance and accounting rose 39%. Service-based profession­s in health care (36%); tourism and travel (19%); and customer service (10%) were also among the top growth areas.

Monster.com - APAC and Middle East CEO Abhijeet Mukherjee said “With the government making an effort to boost tourism and attract investment­s in HRD, Research & Developmen­t, Finance and Infrastruc­ture, there is bound to be an uptrend in hiring, especially for related profession­s.” —

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