{"id":34483,"date":"2024-02-26T10:32:54","date_gmt":"2024-02-26T05:02:54","guid":{"rendered":"https:\/\/www.foundit.com.ph\/career-advice\/?p=34483"},"modified":"2025-09-29T12:34:34","modified_gmt":"2025-09-29T07:04:34","slug":"foundit-insights-tracker-philippines-jan-2024","status":"publish","type":"post","link":"https:\/\/www.foundit.com.ph\/career-advice\/foundit-insights-tracker-philippines-jan-2024\/","title":{"rendered":"Philippines Hiring landscape in January 2024: foundit Insights Tracker\u00a0\u00a0"},"content":{"rendered":"\n<p>foundit Insights Tracker in the Philippines shows a consistent 10% annual increase in e-recruitment for January 2024.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The tracker also saw a 4% MoM increase in hiring activity, and a remarkable 15% surge in hiring demand over the past three months.&nbsp;<\/p>\n\n\n\n<p>&nbsp;This upswing is mainly due to rapid digitalisation, particularly with substantial investments in gen-AI. Strategic initiatives by the Filipino Government have also played a crucial role in fostering overall growth.<\/p>\n\n\n\n<iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vT-EyoHWIWnrYu3rl5eEw-s3xk_EHQW_xGpJJ4dOQQx3lnyRiVYHgJq8Sgg36BgmDSXwOovFPl_snSa\/embed?start=true&#038;loop=true&#038;delayms=3000\" frameborder=\"0\" width=\"960\" height=\"569\" allowfullscreen=\"true\" mozallowfullscreen=\"true\" webkitallowfullscreen=\"true\"><\/iframe>\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\/2024\/02\/fit_report_Phillipines_hiring_trends_-January_2024.pdf\" target=\"_blank\" rel=\"noopener\">Download Jan 2024 fit Report (Philippines) PDF<\/a>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">\u00a0<strong>Hiring trends industries (YoY numbers)\u00a0<\/strong>\u00a0<\/h2>\n\n\n\n<p><em>Hiring rose in 9 out of the 12 industries monitored by the tracker&nbsp;<\/em>&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u00a0<strong>In demand:\u00a0<\/strong>\u00a0<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.foundit.com.ph\/search\/education-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Education<\/strong><\/a> (+73%) industry witnessed the steepest annual growth and is expanding exponentially (with a notable 16% increase in the last month.) This surge can be credited to the region\u2019s increased emphasis on upskilling initiatives. &nbsp;<br>&nbsp;<\/li>\n\n\n\n<li>The <a href=\"https:\/\/www.foundit.com.ph\/search\/retail-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Retail<\/strong><\/a> (+47%) sector witnessed a remarkable surge in online hiring demand, driven by heightened demand in <a href=\"https:\/\/www.foundit.com.ph\/search\/e-commerce-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>e-commerce<\/strong><\/a>, which has led to an uptick in demand in <a href=\"https:\/\/www.foundit.com.ph\/search\/purchase-logistics-supply-chain-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Logistics<\/strong><\/a>, Courier\/ Freight\/ Transportation, Shipping (+19%) as well.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Holding steady:&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>BFSI (+1%), Engineering, <a href=\"https:\/\/www.foundit.com.ph\/search\/construction-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Construction<\/strong><\/a>, and <a href=\"https:\/\/www.foundit.com.ph\/search\/real-estate-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Real Estate<\/strong><\/a> (+1%), Production\/Manufacturing, <a href=\"https:\/\/www.foundit.com.ph\/search\/automobile-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Automotive<\/strong><\/a> and Ancillary (+3%).&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Facing challenges<\/strong>:&nbsp;&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.foundit.com.ph\/search\/it-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>IT<\/strong><\/a>, <a href=\"https:\/\/www.foundit.com.ph\/search\/telecom-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Telecom<\/strong><\/a>\/ISP (-19%) sector continues to face a significant reduction in hiring activity, marking a decline.&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Consumer Goods\/<a href=\"https:\/\/www.foundit.com.ph\/search\/fmcg-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>FMCG<\/strong><\/a>, Food &amp; Packaged Food (-13%), and BPO\/ITES (-2%), sectors also register annual downturns. Additionally, BPO\/ITES sector witnessed a 10% reduction in jobs over the last month.&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Hiring Trends &#8211; Functional Area* (YoY numbers)&nbsp;<\/strong>&nbsp;<\/h2>\n\n\n\n<p><em>Online recruitment activity surpassed the year-ago level in 10 of the 12 functional areas&nbsp;<\/em>&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In demand:&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Purchase\/Logistics\/Supply Chain (+34%) professionals witnessed a remarkable demand annually (with a continued surge of 25% over the last month.)&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The increase in demand for <a href=\"https:\/\/www.foundit.com.ph\/search\/software-engineer-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Software<\/strong><\/a>, Hardware and Telecom roles is chiefly credited to the rapid advancement of digitalisation. Also, the function saw an 8% increase over the last month.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Holding steady:<\/strong>\u00a0<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Customer Service (+2%), <a href=\"https:\/\/www.foundit.com.ph\/search\/hotel-management-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Hospitality<\/strong><\/a> &amp; Travel (+4%), <a href=\"https:\/\/www.foundit.com.ph\/search\/finance-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Finance<\/strong><\/a> &amp;<a href=\"https:\/\/www.foundit.com.ph\/search\/accounts-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong> Accounts<\/strong><\/a> (+4%) saw marginal growth&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In decline:&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.com.ph\/search\/sales-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Sales<\/strong><\/a> &amp; Business Development (-2%) and Engineering\/Production\/Real Estate (-1%) roles experienced a marginal decline in annual hiring activity&nbsp;&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About the foundit Insights Tracker\u00a0<\/strong>\u00a0<\/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 e-recruitment landscape. By examining millions of job listings, fit provides insights into the hiring trends in the Philippines.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>foundit Insights Tracker in the Philippines shows a consistent 10% annual increase in e-recruitment for January 2024.&nbsp;&nbsp; The tracker also saw a 4% MoM increase in hiring activity, and a remarkable 15% surge in hiring demand over the past three months.&nbsp; &nbsp;This upswing is mainly due to rapid digitalisation, particularly with substantial investments in gen-AI. [&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-34483","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\/34483","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=34483"}],"version-history":[{"count":2,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/posts\/34483\/revisions"}],"predecessor-version":[{"id":34487,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/posts\/34483\/revisions\/34487"}],"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=34483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/categories?post=34483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/tags?post=34483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}