, Singapore

Online hiring activity in IT and telecom sectors jumped 23% in 2018

The sectors had witnessed its steepest growth in November 2018.

IT, telecom and business process outsourcing (BPO) sectors lead Singapore’s online hiring activity throughout 2018, netting a growth of 23% YoY in December, according to Monster Employment Index’ Q4 report.

Over the course of October to December 2018, the IT, telecom and BPO sectors were continuously up, and in November, witnessed its steepest growth since March 2018. Considering the government of Singapore’s commitment to assisting local businesses in upskilling and reskilling their workforce to be prepared to take on digital roles, it’s likely this sector will continue to be a leader.

“For the fourth quarter of 2018, jobs in Singapore’s legal occupation saw the sharpest year-on-year growth in online demand in October and December. The nation saw the steepest decline in the Hospitality industry,” the report added.

Other sectors whose online hiring had a strong year includes media and entertainment and banking, financial services and insurance (BFSI).

Singapore’s advertising, market research, public relations, media and entertainment has had a strong year, witnessing strong growth since June 2018, the report said.

The said sectors had recorded the steepest three-month growth among all sectors, growing on a month-on-month basis throughout the quarter, up 3% MoM. Meanwhile, online recruitment activity in BFSI rose 16% YoY in November. This is said to be a trend that has been going strong since April 2017.

On the other hand, Singapore’s HR & administration sector saw declines in hiring activity. This is attributed to either companies slowing hiring activity toward the end of the year or shifting focus to bringing seasonal workers to assist with the holiday surge. The report added that the HR & administration sector could swing back up in 2019.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Lorem Ipsum text in year 2025
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.
Lorem Ipsum is simply dummy text of the printing and typesetting industry.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.

Exclusives

Cropping Issue on Responsive one
Contrary to popular belief, Lorem Ipsum is not simply random text. 
Artificial Inteliigence Testing
Contrary to popular belief, Lorem Ipsum is not simply random text. 
Lorem Ipsum is simply dummy text of the printing and typesetting industry.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.
Lorem Ipsum Singapore Business Review
The text to display in the title bar of a visitor's web browser when they view this page. This meta tag may also be used as the title of the page when a visitor bookmarks or favorites this page, or as the page title in a search engine result. It is common to append 'Singapore Business Review' to the end of this, so the site's name is automatically added. It is recommended that the title is no greater than 55 - 65 characters long, including spaces.The text to display in the title bar of a visitor's web browser when they view this page. This meta tag may also be used as the title of the page when a visitor bookmarks or favorites this page, or as the page title in a search engine result. It is common to append 'Singapore Business Review' to the end of this, so the site's name is automatically added. It is recommended that the title is no greater than 55 - 65 characters long, including spaces.