Online hiring in Singapore falls further in November

Office workers in the central business district.
Office workers in the central business district.PHOTO: ST FILE

SINGAPORE - Online recruitment saw no recovery in November, registering an 8 per cent year-on-year fall, according to the latest Monster Employment Index Singapore.

Compiled monthly by Monster.com, the index MEI is a gauge of online job posting activities, culled from a large representative of career websites and online job listings across Singapore.

Hiring declined 7 per cent year-on-year in October, according to the index.

In terms of industries, the healthcare sector experienced the least decline in hiring activity, falling 2 per cent year-over-year, though bigger than October's 1 per cent year-over-year dip.

At the other end, the consumer goods/ food manufacturing, food & packaged food, home appliance, garments/ textiles/ leather, gems & jewellery sectors saw the biggest fall in hiring activity of 20 per cent.

In terms of occupations, healthcare professionals fared the beast - with hiring demand seeing no change in November.

At the other end of the scale, demand for real estate professionals slumped 19 per cent year-over-year in November. This comes after a 13 per cent fall in October.

The latest labour market report from Singapore's Ministry of Manpower, released on Dec 15, showed that the number of jobs created in the first nine months of this year fell to its lowest since 2009, when Singapore and other economies were recovering from the global financial crisis.

Manpower Minister Lim Swee Say has also warned of slower job growth in the next five years amid slower global growth, economic restructuring.


SOURCE: MONSTER.COM


SOURCE: MONSTER.COM