{"id":38370,"date":"2024-06-04T17:18:06","date_gmt":"2024-06-04T11:48:06","guid":{"rendered":"https:\/\/www.foundit.com.ph\/career-advice\/?p=38370"},"modified":"2024-06-04T17:18:07","modified_gmt":"2024-06-04T11:48:07","slug":"foundit-insights-tracker-philippines-apr-2024","status":"publish","type":"post","link":"https:\/\/www.foundit.com.ph\/career-advice\/foundit-insights-tracker-philippines-apr-2024\/","title":{"rendered":"Philippines&#8217; Hiring Landscape in April 2024: Key Takeaways from the foundit Insights Tracker\u00a0"},"content":{"rendered":"\n<p>The foundit Insights Tracker (FIT) for the Philippines has unveiled a notable 9% increase in hiring demand annually as of April 2024.&nbsp;<\/p>\n\n\n\n<p>The FIT index shows a positive trend compared to the same period last year. Despite a 6% month-on-month decline, the overall trajectory reflects a positive outlook on an annual basis.&nbsp;<\/p>\n\n\n\n<p>The tracker also highlights a significant 12% decrease over the past three months, emphasising the need for job seekers to remain agile and continually update their skill sets amidst changing dynamics.\u00a0<\/p>\n\n\n\n<div style=\"text-align: center;\">\n<iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vTWoBsOEfcfHUYTJRyWutOxUoPUCyRR6G8LNlyWPBUbY6iMY9xv15I3zQKk3aA310LWchmI6q1044Rs\/embed?start=true&#038;loop=true&#038;delayms=3000\" frameborder=\"0\" width=\"640\" height=\"389\" allowfullscreen=\"true\" mozallowfullscreen=\"true\" webkitallowfullscreen=\"true\"><\/iframe>\n<\/div>\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\/06\/fit_PH_-Apr24.pdf\" target=\"_blank\" rel=\"noopener\">Download Apr 2024 fit Report (Philippines) PDF<\/a>\n<\/div>\n\n\n\n<p><strong>Hiring Trends &#8211; Industry<\/strong>&nbsp;<\/p>\n\n\n\n<p><em>9 out of 12 industries monitored by the FIT have witnessed an annual increase in hiring activity in April 2024.<\/em>&nbsp;<\/p>\n\n\n\n<p><strong>In Demand:<\/strong>&nbsp;<\/p>\n\n\n\n<p>The <strong><a href=\"https:\/\/www.foundit.com.ph\/search\/retailing-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Retail<\/a><\/strong> sector leads with an impressive 77% annual growth, driven by businesses leveraging robust growth momentum across diverse segments.\u00a0<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.foundit.com.ph\/search\/full-time-logistics-data-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Logistics<\/a>, Courier\/Freight\/<a href=\"https:\/\/www.foundit.com.ph\/search\/online-transportation-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Transportation<\/a>, and Shipping<\/strong> saw a notable 34% increase, while <strong>Hospitality<\/strong> experienced a 22% surge.\u00a0<\/p>\n\n\n\n<p><strong>Facing Challenges :<\/strong>&nbsp;<\/p>\n\n\n\n<p>The <strong>IT, Telecom\/ISP<\/strong> sector continues to face a significant annual decrease of 18%, with the <strong>Consumer Goods\/FMCG, Food &amp; Packaged Food<\/strong> sector registering a 9% drop. The <strong><a href=\"https:\/\/www.foundit.com.ph\/search\/health-care-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Healthcare<\/a><\/strong> sector witnessed a marginal 1% dip annually.\u00a0<\/p>\n\n\n\n<p><strong>Notable Growth:<\/strong>&nbsp;<\/p>\n\n\n\n<p>Several other sectors displayed positive growth trends: <strong>Production\/Manufacturing, Automotive and Ancillary<\/strong> (+3%), <strong><a href=\"https:\/\/www.foundit.com.ph\/search\/business-process-outsourcing-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">BPO\/ITES<\/a><\/strong> (+4%), <strong>BFSI<\/strong> (+11%), <strong><a href=\"https:\/\/www.foundit.com.ph\/search\/engineer-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Engineering<\/a>, Construction, and Real Estate<\/strong> (+13%), <strong>Advertising, Market Research, Public Relations, Media, and <a href=\"https:\/\/www.foundit.com.ph\/search\/entertainment-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Entertainment<\/a><\/strong> (+20%), and <strong>Education<\/strong> (+16%).\u00a0<\/p>\n\n\n\n<p><strong>Hiring Trends &#8211; Functional Area<\/strong>&nbsp;<\/p>\n\n\n\n<p>9 out of 10 functional areas tracked saw an annual increase in online recruitment activity.&nbsp;<\/p>\n\n\n\n<p><strong>In Demand:<\/strong>&nbsp;<\/p>\n\n\n\n<p><strong>Purchase\/Logistics\/<a href=\"https:\/\/www.foundit.com.ph\/search\/fresher-supply-chain-jobs-in-saudi-arabia\" target=\"_blank\" rel=\"noopener\" title=\"\">Supply Chain<\/a><\/strong> roles witnessed a remarkable 52% growth, primarily attributed to the continuous expansion within the Retail sector.\u00a0<\/p>\n\n\n\n<p><strong>Marketing &amp; Communications<\/strong> experienced a 30% surge, while <strong><a href=\"https:\/\/www.foundit.com.ph\/search\/hr-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">HR<\/a> &amp; Admin<\/strong> roles saw a 23% increase.\u00a0<\/p>\n\n\n\n<p><strong>Facing Challenges:<\/strong>&nbsp;<\/p>\n\n\n\n<p><strong>Software, Hardware, Telecom<\/strong> roles experienced a 5% annual decline, marking the only sector with a decrease. Additionally, these professionals saw a 9% dip over the last month.&nbsp;<\/p>\n\n\n\n<p>Other functions experiencing annual increases include <strong>Customer Service<\/strong> (+1%), <strong>Hospitality &amp; Travel<\/strong> (+7%), <strong>Healthcare<\/strong> (+7%), <strong>Engineering\/Production\/Real Estate<\/strong> (+9%), <strong><a href=\"https:\/\/www.foundit.com.ph\/search\/accounts-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Finance &amp; Accounts<\/a><\/strong> (+11%), and <strong>Sales &amp; Business Development<\/strong> (+13%).\u00a0<\/p>\n\n\n\n<p><strong>About the foundit Insights Tracker<\/strong>&nbsp;<\/p>\n\n\n\n<p>The foundit Insights Tracker (FIT) Philippines, earlier known as the Monster Employment Index, is the leading guide to the Philippines\u2019 e-recruitment landscape. By examining millions of job listings, FIT provides insights into hiring trends in the Philippines.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The foundit Insights Tracker (FIT) for the Philippines has unveiled a notable 9% increase in hiring demand annually as of April 2024.&nbsp; The FIT index shows a positive trend compared to the same period last year. Despite a 6% month-on-month decline, the overall trajectory reflects a positive outlook on an annual basis.&nbsp; The tracker also [&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-38370","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\/38370","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=38370"}],"version-history":[{"count":3,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/posts\/38370\/revisions"}],"predecessor-version":[{"id":38374,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/posts\/38370\/revisions\/38374"}],"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=38370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/categories?post=38370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/tags?post=38370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}