Wazzup Pilipinas!
Online hiring in the Philippines has shown a huge decline over the past year, according to the Monster Employment Index (MEI) Philippines, which is being released for the first time.
The Index reported a 31% decline in activity between April 2014 and April 2015, with a 20% month-on-month decline as well, between March and April 2015.
The MEI, a gauge of online job posting activity, also records the industries and occupations that show the highest and lowest growth in recruitment activity across the Philippines. In April 2015, the BPO/ITES industry showed the highest activity, although this was still in decline overall at -2%. The Production/Manufacturing, Automotive and Ancillary industry showed a steep decline in online hiring activity, at -51% year-on-year.
The second lowest growth industry was Advertising, Market Research, Public Relations, Media and Entertainment at -43%.
“The Monster Employment Index Philippines has registered a decline of 31% in the past year, with the BPO/ITES industry showing the most amount of promise. The Philippines’ economy has recently emerged as a global hub for BPO, currently employing over one million people,” said Sanjay Modi, Managing Director, Monster.com (India, Middle East Southeast Asia and Hong Kong).


Ross is known as the Pambansang Blogger ng Pilipinas - An Information and Communication Technology (ICT) Professional by profession and a Social Media Evangelist by heart.