Online hiring in the Philippines fell 3% year-on-year in April according to the latest Monster Employment Index.
Despite the 3% year-on-year drop, online hiring improved over last month’s 24% decline.
“The Philippine economy had expanded faster than analysts’ predictions in Q1, largely driven by jobs across the services sectors. This expansion has given rise to employee demands for various related roles, with the retail sector taking lead in hiring activities,” Sanjay Modi, Monster.com managing director for India, Middle East, Southeast Asia and India, said.
The retail sector showed a 49% jump in online hiring activities, its first positive growth since March 2015. Among the occupations, showed a 33% year-on-year growth in April. Meanwhile, the hospitality and travel sector showed a 63% decline in online hiring year-on-year.
“The Philippines is also likely to continue to lure more businesses, thanks to its business-friendly environment, which will continue to drive the labor market. Demands for financial analysts, BPO and IT professionals, web-developers and healthcare workers will be on the rise in the months ahead,” Modi said.
