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News » Online recruitment in Philippines rises by eleven percent

Online recruitment in Philippines rises by eleven percent

Online recruitment in Philippines rises by eleven percent
Online recruitment in Philippines rises by eleven percent

Online recruitment in the Philippines jumped 11% year-on-year, with each of the first three months recording successive month-on-month growth, according to job recruitment site Monster.com. Monster’s first quarter employment index showed that the country saw the 11% increase in online activity, with 3%, 6% and 2% month-on-month gains for January, February and March, respectively.

Monster cited the passage of the Telecommuting Act (Republic Act 11165) as a significant driver for the online hiring growth. The sectors that recorded the highest online hiring growth in the first quarter include human resources and recruitment with a 29% increase; banking, financial services and insurance, 25%; and advertising, market research, public relations, media and entertainment, 19%.

Although the IT, Telecom/ISP and BPO/ITES segment failed to post growth during the first quarter, compared with 9% for the preceding quarter, Monster said the sector is still the Philippines’ strongest in terms of overall worker demand.

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