{"id":22890,"date":"2023-11-23T16:14:21","date_gmt":"2023-11-23T10:44:21","guid":{"rendered":"https:\/\/www.foundit.com.ph\/career-advice\/?p=22890"},"modified":"2024-01-12T13:20:53","modified_gmt":"2024-01-12T07:50:53","slug":"foundit-insights-tracker-philippines-oct-2023","status":"publish","type":"post","link":"https:\/\/www.foundit.com.ph\/career-advice\/foundit-insights-tracker-philippines-oct-2023\/","title":{"rendered":"Philippines Job Market Insights for October 2023: foundit Insights Tracker\u00a0"},"content":{"rendered":"\n<p>The foundit insights tracker (fit) for the Philippines indicated a 4% annual decrease in e-recruitment for October 2023, with stable month-over-month growth in October&#8217;23 .&nbsp;&nbsp;<\/p>\n\n\n\n<p>&nbsp;October&#8217;s figures mirror a stable yet subdued job market over the past three months, with companies adjusting their hiring strategies amid shifting market dynamics.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Sector-Wise Highlights (YoY numbers)&nbsp;<\/strong>&nbsp;<\/h2>\n\n\n\n<p><strong>Positive Momentum: <\/strong>Retail, <strong><a href=\"https:\/\/www.foundit.com.ph\/search\/healthcare-jobs\" target=\"_blank\" rel=\"noopener\" title=\"Healthcare\">Healthcare<\/a><\/strong>, and BPO\/ITES sectors experienced annual growths of 26%, 17%, and 15%, respectively.&nbsp;<\/p>\n\n\n\n<p><strong>Challenges Ahead: <\/strong>Logistics, IT, Telecom\/ISP, Advertising, and BFSI sectors saw declines, with Logistics facing the steepest drop at 18% YoY.&nbsp;<\/p>\n\n\n\n<iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vQLrYVvePMWaFGOlninRoV9_syosK6lQL28_9gfjSwg6WT_2gLegELC1DFx8pt0LQ\/embed?start=false&#038;loop=false&#038;delayms=3000\" frameborder=\"0\" width=\"640\" height=\"389\" allowfullscreen=\"true\" mozallowfullscreen=\"true\" webkitallowfullscreen=\"true\"><\/iframe>\n\n\n\n<p><strong>Functional Area Insights<\/strong>&nbsp;<\/p>\n\n\n\n<p><strong>Growing Roles:<\/strong> <strong><a href=\"https:\/\/www.foundit.com.ph\/search\/customer-service-jobs\" target=\"_blank\" rel=\"noopener\" title=\"Customer Service\">Customer Service<\/a><\/strong> roles surged by 18% YoY, while Healthcare roles also saw an increase.&nbsp;<\/p>\n\n\n\n<p><strong>Roles in Decline:<\/strong> Sales &amp; Business Development and HR &amp; Admin roles faced the most significant declines at -11% YoY.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About the foundit insights tracker <\/strong>&nbsp;<\/h2>\n\n\n\n<p>The foundit Insights Tracker (fit) Philippines, earlier known as the Monster Employment Index, is the leading guide to Philippines&#8217; e-recruitment landscape. By examining millions of job listings, fit provides insights into the hiring trends in Philippines.\u00a0 \u00a0<\/p>\n\n\n\n<div style=\"text-align: center;\">\n<a style=\"display: inline-block;background-color: #7900c6;color: #fff;text-align: center;padding: 10px 20px;text-decoration: none;font-size: 18px;border-radius: 4px;font-weight: bold;\" href=\"https:\/\/media.foundit.in\/career-advice\/wp-content\/uploads\/2023\/11\/fit_PH_-Oct23.pptx.pdf\" target=\"_blank\" rel=\"noopener\">Download Oct 2023 fit Report (Philippines) PDF<\/a>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The foundit insights tracker (fit) for the Philippines indicated a 4% annual decrease in e-recruitment for October 2023, with stable month-over-month growth in October&#8217;23 .&nbsp;&nbsp; &nbsp;October&#8217;s figures mirror a stable yet subdued job market over the past three months, with companies adjusting their hiring strategies amid shifting market dynamics.&nbsp; Sector-Wise Highlights (YoY numbers)&nbsp;&nbsp; Positive Momentum: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-22890","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-insights-tracker"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/posts\/22890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/comments?post=22890"}],"version-history":[{"count":5,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/posts\/22890\/revisions"}],"predecessor-version":[{"id":33696,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/posts\/22890\/revisions\/33696"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/media\/17264"}],"wp:attachment":[{"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/media?parent=22890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/categories?post=22890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/tags?post=22890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}