The online recruitment of HR & Admin professionals has witnessed an annual decline across the region, as many employers slow their overall hiring amid weaker economic conditions, according to the latest Monster Employment Index (MEI).
When comparing online hiring activity data between September 2015 and September 2016, activity has decreased year-on-year in all three markets monitored by the MEI. In Singapore, the demand for HR talent has witnessed a steady decline over recent months, with an annual drop of -12% registered for September – the lowest year-on-year drop of the three markets.
After experiencing a slight recovery in year-on-year online hiring in August, the demand for Malaysia’s HR professionals dropped significantly, closing out the quarter at -11%. The Philippines, which had previously witnessed high growth in this occupation, reported a-7% year-on-year decline for September.
HR & Admin jobs:
Month | Market | 2015 | 2016 | % Growth Y-o-Y |
July |
Singapore | 100 | 91 | -9% |
Malaysia | 74 | 67 | -9% | |
Philippines | 87 | 109 | 25% | |
August |
Singapore | 100 | 92 | -8% |
Malaysia | 74 | 73 | -1% | |
Philippines | 101 | 104 | 3% | |
September |
Singapore | 104 | 92 | -12% |
Malaysia | 75 | 67 | -11% | |
Philippines | 105 | 98 | -7% |
“With overall hiring intentions witnessing decline in all three markets, it is not uncommon to see the equal slowdown in e-recruitment of HR and Admin professionals. This is relatively typical of the time of year, heading into the final quarter of 2016 when hiring intentions slow down and employers refrain from making many big talent decisions until this New Year,” said Sanjay Modi, Managing Director at Monster.com – APAC and Middle East.
Singapore Highlights
Malaysia Highlights:
Philippines Highlights:
The Monster Employment Index 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 websites and online job listings across Singapore, Malaysia and the Philippines.
The MEI is a monthly record of multiple industries and occupations that show the highest and lowest growth in online recruitment activity in Singapore, Malaysia and Philippines. Among nine occupational groups, this includes data from the HR & Administrative job pool.
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.