{"id":42106,"date":"2024-09-24T09:42:20","date_gmt":"2024-09-24T04:12:20","guid":{"rendered":"https:\/\/www.foundit.com.ph\/career-advice\/?p=42106"},"modified":"2024-09-24T21:51:13","modified_gmt":"2024-09-24T16:21:13","slug":"foundit-insights-tracker-philippines-aug-2024","status":"publish","type":"post","link":"https:\/\/www.foundit.com.ph\/career-advice\/foundit-insights-tracker-philippines-aug-2024\/","title":{"rendered":"Philippines&#8217; Hiring Landscape in August 2024: Key Takeaways from the foundit Insights Tracker\u00a0"},"content":{"rendered":"\n<p><strong>Key Highlights of the Month<\/strong>&nbsp;<\/p>\n\n\n\n<p>The Philippines\u2019 foundit Insights Tracker recorded a <strong>20% annual increase<\/strong> in hiring activity from August 2023 to August 2024, with the index rising from 118 to 142. However, month-over-month, there was a <strong>5% decline<\/strong>, dropping from 149 in July 2024. While this reflects a temporary slowdown, hiring activity has shown consistent growth over the past three months, indicating a steady recovery.&nbsp;<\/p>\n\n\n\n<div style=\"text-align: center;\">\n<iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/1g5PZ31Kiuv85jNlLILQE5-W2hZdocsG1LY-rm8g_gxI\/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\/09\/fit_PH_Aug24.pdf\" target=\"_blank\" rel=\"noopener\">Download Aug 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>10 out of the 12 monitored industries saw annual growth in August 2024.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>In Demand:<\/strong>&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.com.ph\/search\/fresher-logistics-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Logistics<\/strong><\/a><strong>, Courier\/Freight\/<\/strong><a href=\"https:\/\/www.foundit.com.ph\/search\/fresher-transportation-jobs-in-taguig\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Transportation<\/strong><\/a><strong>, and <\/strong><a href=\"https:\/\/www.foundit.com.ph\/search\/shipping-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Shipping<\/strong><\/a><strong> (+64%)<\/strong> led the hiring demand, fueled by e-commerce growth.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.com.ph\/search\/retailing-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Retail<\/strong><\/a><strong> (+45%)<\/strong>, boosted by luxury goods, and <a href=\"https:\/\/www.foundit.com.ph\/search\/bpo-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>BPO<\/strong><\/a><strong>\/ITES (+42%)<\/strong> also experienced significant growth.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Other sectors such as <a href=\"https:\/\/www.foundit.com.ph\/search\/fresher-hospitality-management-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Hospitality<\/strong><\/a><strong> (+32%)<\/strong>, <a href=\"https:\/\/www.foundit.com.ph\/search\/advertising-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Advertising<\/strong><\/a><strong>\/<\/strong><a href=\"https:\/\/www.foundit.com.ph\/search\/media-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Media<\/strong><\/a><strong>\/<\/strong><a href=\"https:\/\/www.foundit.com.ph\/search\/fresher-entertainment-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Entertainment<\/strong><\/a><strong> (+42%)<\/strong>, and <strong>Education (+30%)<\/strong> saw robust increases.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Facing Challenges:<\/strong>&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.com.ph\/search\/it-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>IT<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/www.foundit.com.ph\/search\/telecom-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telecom<\/strong><\/a><strong>\/ISP (-18%)<\/strong> and <strong>FMCG (-7%)<\/strong> faced declines in hiring.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Hiring Trends &#8211; Functional Area<\/strong>&nbsp;<\/p>\n\n\n\n<p>9 out of 10 functions tracked saw annual growth in August 2024.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>In Demand:<\/strong>&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Purchase\/Logistics\/<\/strong><a href=\"https:\/\/www.foundit.com.ph\/search\/supply-chain-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Supply Chain<\/strong><\/a><strong> (+84%)<\/strong> saw the largest increase in demand.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.com.ph\/search\/hr-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>HR<\/strong><\/a><strong> &amp; <\/strong><a href=\"https:\/\/www.foundit.com.ph\/search\/admin-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Admin<\/strong><\/a><strong> (+67%)<\/strong> and <a href=\"https:\/\/www.foundit.com.ph\/search\/marketing-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Marketing<\/strong><\/a><strong> &amp; Communications (+58%)<\/strong> also saw substantial growth.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Facing Challenges:<\/strong>&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.com.ph\/search\/software-development-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Software<\/strong><\/a><strong>, Hardware, Telecom (-17%)<\/strong> continued to decline year-on-year, but saw slight recovery with a 4% monthly growth.&nbsp;<\/li>\n<\/ul>\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, formerly known as the Monster Employment Index, is a leading guide to the Philippines&#8217; e-recruitment landscape. By examining millions of job listings, FIT provides valuable insights into hiring trends in the Philippines. For more information, visit <a href=\"https:\/\/www.foundit.com.ph\/\" target=\"_blank\" rel=\"noreferrer noopener\">foundit.com.ph<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Highlights of the Month&nbsp; The Philippines\u2019 foundit Insights Tracker recorded a 20% annual increase in hiring activity from August 2023 to August 2024, with the index rising from 118 to 142. However, month-over-month, there was a 5% decline, dropping from 149 in July 2024. While this reflects a temporary slowdown, hiring activity has shown [&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-42106","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\/42106","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=42106"}],"version-history":[{"count":5,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/posts\/42106\/revisions"}],"predecessor-version":[{"id":42120,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/posts\/42106\/revisions\/42120"}],"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=42106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/categories?post=42106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.com.ph\/career-advice\/wp-json\/wp\/v2\/tags?post=42106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}