The Freeman

Online hiring in Phl up by 6% in January

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Online hiring in the Philippine­s grew by 6 percent in January versus the same month last year, data released by jobs portal Monster.com revealed Monday, GMA News reported.

"Monster Employment Index Philippine­s exceeds the year-ago level by six percent," according to the latest Monster Employment Index report.

The Monster Employment Index is a monthly analysis of online job posting activities in the country, based on a real-time review of job opportunit­ies culled from online career outlets.

The business process outsourcin­g industry remained the top growth industry for the month, growing by 22 percent.

It was followed by the EDQNLQJ ¿QDQFLDO VHUYLFHV and insurance up by 19 percent, logistics by 18 percent, hospitalit­y by 14 percent, and informatio­n technology with 12 percent.

Several sectors, however, noted drops in employment — Healthcare down by 2 percent, consumer goods down by 2 percent, and real estate down by 6 percent.

In terms of occupation­s, the top growth occupation­s were registered by those in WKH VRIWZDUH ¿HOG XS percent), customer service (17 percent), logistics (12 percent), marketing (6 percent), and human resources (4 percent).

Meanwhile, the employment of workers in the real estate sector fell by 3 percent, hospitalit­y by 4 percent, and health care by 4 percent.

Despite this, employment in the Philippine­s was still better than its neighborin­g countries such as Singapore which saw a 2-percent drop in employment, and Malaysia which noted a 2-percent climb.

"As businesses take measures to stride ahead of competitio­n under uncertain market conditions, there will be a need for hybrid candidates who can think strategica­lly and provide hands-on support," Sanjay Modi, Managing Director at Monster.com, said.

"The persistent turbulent economic conditions will also create a demand for profession­als in specialize­d roles such as project management, compliance, and regulatory risk management," he added.

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