Monster Employment Index Philippines declines 31 Percent, on

Monster Employment Index Philippines declines 31 Percent, on-the-year
April 2015 Index Highlights:
•
•
•
Monster Employment Index Philippines plummets 31 percent between April 2014 and 2015.
BPO/ITES witnesses the least of all declines among industry groups; whereas,
Production/Manufacturing, Automotive and Ancillary declines the most from the year ago
level
Year-on-year, Marketing & Communications professionals witnessed highest demand of all
occupation group
The Monster Employment Index Philippines is a monthly gauge of online job posting activity
based on a real-time review of millions of employer job opportunities culled from a large
representative selection of career Web sites and online job listings across Philippines. The Index
does not reflect the trend of any one advertiser or source, but is an aggregate measure of the
change in job listings across the industry.
“The Monster Employment Index Philippines has registered a decline of 31% in the past year, with the
BPO/ITES industry showing the most amount of promise. The Philippines’ economy has recently
emerged as a global hub for BPO, currently employing over one million people,” said Sanjay Modi,
Managing Director, Monster.com (India, Middle East, Southeast Asia and Hong Kong).
“As production and manufacturing jobs continue their steady decline, it is important for the country to
focus on high growth industries to continue to create jobs and encourage growth. The recent approval of
the Information Technology-Business Process Outsourcing (IT-BPO) Roadmap 2016 initiative is a step in
the right direction and incredible vital for the country’s prospects.
“Additionally, the Philippines banking sector is expected to deepen its ties with its ASEAN counterparts,
so as to strengthen its own financial institutions. This should see a boost in Finance & Accounting jobs in
the future.”
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Monster Employment Index Philippines results for the past 15 months are as follows:
Feb
14
Mar
14
Apr
14
May
14
Jun
14
Jul
14
Aug
14
Sep
14
Oct
14
Nov
14
Dec
14
Jan
15
Feb
15
Mar
15
Apr
15
Y-o-Y
91
100
98
110
92
101
109
110
110
113
88
84
96
85
68
-31%
Industry Year-over-year Trends: Monster Employment Index registered decline in online recruitment
activity in all the 12 monitored industry sectors.
•
BPO/ ITES (down two percent) registered marginal year-on-year decline this month, following
previous two months of positive growth. The sector saw the least negative annual growth among all
industry sectors.
•
Consumer Goods/ FMCG, Food & Packaged Food, Home Appliance, Garments/ Textiles/
Leather, Gems & Jewellery (down six percent) saw a decline in online recruitment activity this
month. Six-month growth recorded progressive decline for the past four month; this month being the
steepest decline in a series since August 2014.
•
IT, Telecom/ISP (down 14 percent) exhibited negative annual growth this month. The pace of growth
also slowed down between March and April 2015. Six month growth also saw decline in online
recruitment activity for the second time in a series this month.
•
E-recruitment in BFSI (down 17 percent) charted negative year-on-year growth, the steepest since
February 2015. Nonetheless, three-month growth had been consistently registering positive growth
for the past three month.
•
Online recruitment activity in Retail (down 23 percent) saw a steep on-the-year decline this month
from negative three percent annual dip last month. The sector also saw steep month-on-month, threemonth and half-yearly growth.
•
Production/Manufacturing, Automotive and Ancillary (down 51 percent) sector witnessed the
steepest decline for the third time in a row since February 2015.
Top Growth Industries
Lowest Growth Industries
Year-over-year Growth
Apr
14
Apr
15
% Growth
Y-O-Y
Year-over-year Growth
Apr
14
Apr
15
% Growth
Y-O-Y
BPO/ITES
91
89
Consumer Goods/ FMCG, Food &
Packaged Food , Home
Appliance, Garments/ Textiles/
Leather, Gems & Jewellery
-2%
Health Care
103
65
-37%
87
82
-6%
Hospitality
102
63
-38%
IT, Telecom/ISP
99
85
-14%
Engineering, Construction and
Real Estate
105
62
-41%
BFSI
108
90
-17%
95
54
-43%
Education
105
86
-18%
104
51
-51%
Advertising, Market Research,
Public Relations, Media and
Entertainment
Production/Manufacturing,
Automotive and Ancillary
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Occupation Year-over-year Trends: One of the 10 occupation groups monitored by the Index exhibited
positive annual growth
•
Marketing & Communications (up six percent) continue to lead online demand for professionals for
the second time in a series. Three-month growth showed marginal decline of two percent this month
between January and April 2015 as against a drop of 13 percent last month between December 2014
and March 2015.
•
Customer Service (down five percent) professionals saw a dip in online demand, year-on-year.
Annual growth registered since February 2015 has been continually decelerating; February registered
12 percent growth whereas March registered negative one percent decline.
•
Online annual demand for Sales & Business Development professionals further declined to 13
percent in the current month as against dip of six percent last month, on-the-year. Half-yearly growth
exhibits the steepest decline this month since August 2014.
•
Online opportunities available to Software, Hardware, Telecom (down 14 percent) professionals
exhibited a declined pace of growth following past two month of positive growth, from the year-ago
level. Six month growth exhibited the steepest decline in a series since August 2014.
•
Engineering/Production, Real Estate (down 44 percent) saw the steepest decline among
occupation groups and also lowest growth since February 2015.
Top Growth Occupations
Lowest Growth Occupations
Year-over-year Growth
Apr
14
Apr
15
% Growth
Y-O-Y
Year-over-year Growth
Apr
14
Apr
15
% Growth
Y-O-Y
Marketing & Communications
86
91
6%
Software, Hardware, Telecom
97
83
-14%
Customer Service
92
87
-5%
HR & Admin
104
76
-27%
Purchase/ Logistics/ Supply Chain
84
77
-8%
Health Care
101
69
-32%
Finance & Accounts
103
94
-9%
Hospitality & Travel
94
63
-33%
Sales & Business Development
95
83
-13%
Engineering /Production, Real
Estate
106
59
-44%
COUNTRY-WISE TRENDS
Singapore Highlights
•
•
•
Monster Employment Index Singapore saw eight percent decline from a year ago level.
Education registers the most notable annual growth whereas, Consumer Goods/ FMCG,
Food & Packaged Food , Home Appliance, Garments/ Textiles/ Leather, Gems & Jewellery
records the steepest year-on-year decline among Industry sector.
Among occupation group, Software, Hardware, Telecom professionals witness the steepest
growth in demand from the year ago level.
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Singapore Top Growth Industries
Singapore Lowest Growth Industries
Apr
14
Apr
15
% Growth
Y-o-Y
Education
85
97
IT, Telecom/ISP and BPO/ITES
105
Health Care
107
Year-over-year Growth
Year-over-year Growth
Apr
14
Apr
15
% Growth
Y-o-Y
14%
Production/Manufacturing,
Automotive and Ancillary
104
93
-11%
109
4%
Government/ PSU/ Defence
91
81
-11%
107
0%
Consumer Goods/ FMCG, Food
& Packaged Food , Home
Appliance, Garments/ Textiles/
Leather, Gems & Jewellery
105
88
-16%
Singapore Lowest Growth Occupations
Singapore Top Growth Occupations
Apr
14
Apr
15
% Growth
Y-o-Y
Software, Hardware, Telecom
90
103
Real Estate
112
Legal
105
Year-over-year Growth
Year-over-year Growth
Apr
14
Apr
15
% Growth
Y-o-Y
14%
Marketing & Communications
92
83
-10%
107
-4%
Engineering /Production
105
94
-10%
100
-5%
Purchase/ Logistics/ Supply
Chain
109
97
-11%
Malaysia Highlights
• Monster Employment Index Malaysia charts negative annual growth of 23 percent between April
2014 and 2015.
• BFSI registers the most notable growth; whereas Advertising, Market Research, Public Relations,
Media and Entertainment exhibits the most notable decline of all industry sectors
• Among occupation groups Finance & Accounts professionals saw the least of all decline, from a year
ago level
Malaysia Top Growth Industries
Malaysia Lowest Growth Industries
Year-over-year Growth
Apr
14
Apr
15
% Growth
Y-o-Y
Year-over-year Growth
Apr
14
Apr
15
% Growth
Y-o-Y
BFSI
108
121
Logistic, Courier/ Freight/
Transportation, Shipping/ Marine
12%
IT, Telecom/ISP and BPO/ITES
106
88
-17%
104
114
10%
Hospitality
111
91
-18%
Engineering, Construction and
Real Estate
113
106
-6%
Advertising, Market Research,
Public Relations, Media and
Entertainment
113
83
-27%
Malaysia Top Growth Occupations
Malaysia Lowest Growth Occupations
Year-over-year Growth
Apr
14
Apr
15
% Growth
Y-o-Y
0%
Software, Hardware, Telecom
111
88
-21%
109
-3%
Customer Service
106
84
-21%
95
-14%
HR & Admin
116
89
-23%
Apr
14
Apr
15
% Growth
Y-o-Y
Hospitality & Travel
87
87
Finance & Accounts
112
Sales & Business Development
111
Year-over-year Growth
4
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By Industry
2014
BPO/ITES
2015
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
91
100
92
94
108
111
115
116
99
96
100
97
89
IT, Telecom/ISP
99
100
88
91
98
106
116
120
101
98
112
104
85
BFSI
Engineering, Construction
and Real Estate
Consumer Goods/ FMCG,
Food & Packaged Food ,
Home Appliance, Garments/
Textiles/ Leather, Gems &
Jewellery
Production/Manufacturing,
Automotive and Ancillary
Retail
108
118
101
106
104
106
95
93
82
86
101
102
90
105
114
101
109
107
102
95
101
89
76
76
73
62
87
90
101
101
111
112
108
114
104
96
91
87
82
104
110
95
98
107
107
99
100
87
76
70
62
51
90
112
85
95
96
106
109
114
89
92
122
196
69
Hospitality
102
116
105
101
106
104
97
111
91
78
91
78
63
Education
105
114
104
95
96
97
115
102
84
84
102
80
86
Health Care
Logistic, Courier/ Freight/
Transportation,
Import/Export, Shipping
Advertising, Market
Research, Public Relations,
Media and Entertainment
103
105
96
99
113
110
110
108
92
78
78
73
65
92
101
89
102
115
107
111
111
89
98
124
81
63
95
90
105
114
94
109
108
114
102
99
112
66
54
By Occupation
2014
2015
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
Software, Hardware, Telecom
97
112
85
93
100
101
115
118
94
93
108
107
83
Finance & Accounts
Sales & Business
Development
Customer Service
103
111
92
103
106
113
104
101
80
85
105
113
94
95
106
86
96
104
112
112
112
89
89
108
102
83
92
103
92
91
106
111
116
116
98
94
100
94
87
Marketing & Communications
86
95
107
116
109
107
106
110
93
93
109
105
91
HR & Admin
Engineering /Production, Real
Estate
Hospitality & Travel
104
114
83
101
105
105
110
106
87
94
128
100
76
106
112
99
106
108
104
97
102
88
75
73
67
59
94
106
94
91
108
105
103
121
99
81
80
73
63
Health Care
Purchase/ Logistics/ Supply
Chain
101
101
95
100
114
111
111
110
92
81
83
77
69
84
95
95
104
112
109
111
114
99
95
112
94
77
5
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About the Monster Employment Index
Launched in May 2014 with data collected since January 2011, the Monster Employment Index is a broad
and comprehensive monthly analysis of online job posting activity in Philippines conducted by Monster
India. Based on a real-time review of millions of employer job opportunities culled from a large,
representative selection of online career outlets, including Monster Philippines, the Monster Employment
Index presents a snapshot of employer online recruitment activity nationwide. Monster has taken due
care in compiling and processing the data available from various sources for Monster Employment Index,
but does not guarantee the accuracy, adequacy or completeness of any information and is not
responsible for any errors or omissions or action / decision taken or for the results obtained from the use
of such information.
About Monster Worldwide
Monster Worldwide, Inc. (NYSE: MWW), parent company of Monster, the premier global online
employment solution for more than a decade, strives to inspire people to improve their lives. With a local
presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting
employers with quality job seekers at all levels and by providing personalized career advice to consumers
globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to
advertisers. Monster Worldwide is a member of the S&P 500 index. To learn more about Monster's
industry-leading products and services, visit www.monster.com. More information about Monster
Worldwide is available at http://about-monster.com/
For further queries please reach:
Priyanka Sharma Kaintura
Head – PR (India, Middle East, Southeast Asia)
Monster.com
Priyanka.Sharma@monsterindia.com
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