Philippine online hiring up 7% in April – Monster.com

Online hiring increased by 7 percent in the Philippines last month from a year earlier data released Wednesday by jobs portal Monster.com showed.

The Monster Employment Index (MEI) – a monthly gauge of online job hiring by Monster.com – showed online hiring in country last month was a 180-degree turn from a 3 percent decline in April 2016.

Hiring spiked in the retail sector, which saw a 33-percent year-on-year increase in e-recruitment. The business process outsourcing (BPO) industry registered a 27 percent increase in hiring.

Making up the top five growth industries were hospitality (+20 percent), logistics (+18 percent) and banking, financial services and insurance or BFSI (+12 percent).

"A strong domestic demand, regional trade recovery and a labor intensive economy has kept the country's labor market upbeat, in line with the MEI," Monster.com Managing Director for APAC and Middle East Sanjay Modi said in an emailed statement.

According to the same report, two sectors in the Philippines noted a drop in terms of online hiring – engineering was down 6 percent and education down 4 percent.

Among the sectors that registered the lowest increases in online hiring were manufacturing (+2 percent), consumer goods (+2 percent), and healthcare (+3 percent).

The Monster Employment Index is a monthly analysis of online job posting activity in the Philippines, based on real-time review of employment opportunities culled from online career outlets. — Jon Viktor D. Cabuenas/VDS, GMA News