Philippines – Monster Employment Index shows growth in online recruitment

By memberservices@staffingindustry.com (Danny Romero)

Online hiring in the Philippines grew by 3% in December, compared to the previous year, according to the latest Monster Employment Index.

The Monster Employment Index is a monthly measure of online job posting activity in the country, recording the industries and occupations that show the highest and lowest growth in recruitment activity.

“The local Philippine economy has held up relatively well against external storms in 2016 when compared its regional counterparts,” Sanjay Modi, managing director of Monster.com for Asia Pacific and the Middle East, said. “This is attributed to the country’s sound fundamentals and other strong policies that were put in place, positioning the country as a shining spot for business opportunities and investments, and in turn greatly boosting job opportunities for locals, and the economy on the whole.”

“In 2017, the country can expect to see a lot more spikes in employment activities, particularly at the start of the year, when companies are warming up their engines for the new fiscal year and see a demand for fresh talent to facilitate operations, especially in the tourism, manufacturing and BPO sectors,” Modi said. “On top of that, the government has planned to create at least 1.2 million new jobs each year until 2022 to fully tap into the local untapped work force, and will likely contribute to hiring numbers in 2017.”

Source:: Philippines – Monster Employment Index shows growth in online recruitment