Online hiring up 3% in July

Jobs relating to cybersecurity, compliance, and analytics are in demand.

E-recruitment activity across industries in Singapore rose 3% YoY in July, mainly backed by the banking, financial services and insurance (BFSI), IT, and business process outsourcing (BPO) sectors, data from recruitment firm Monster revealed.

In July, the BFSI and IT sectors saw their online hiring grew by 20% whilst the BPO industries stepped up their hiring by 14%. Meanwhile, the advertising, market research, public relations, media and entertainment industry sustained its year-long rise in online hiring with a 6% growth rate.

The data found that skilled roles related to cybersecurity, compliance and analytics were the most in demand.

“With government incentives encouraging companies to adopt digital and automation, we expect to see more openings to meet the new technological demands across industries in the next few quarters,” Monster.com CEO for APAC and Middle East Abhijeet Mukherjee said.

For the shipping and marine industry, e-hiring contracted 2% YoY whilst government positions up for online hiring slipped 3%.

In the legal sector, demand grew by 9% YoY, closely followed by engineering & production at 8%. The finance & accounts recovered to a growth of 7% from a decline of 3% in June.

The customer service, sales & business development and HR & Admin recorded a 1% decline in e-hiring. Meanwhile, Healthcare was the worst performer with e-hiring falling 5% YoY in July.