With the easing of quarantine restrictions and more businesses being allowed to open, there were fewer unemployed Filipinos in July compared to April 2020. According to the Philippine Statistics Authority (PSA), the country's unemployment rate went from 17.7 percent in April to 10 percent in July. Socioeconomic Planning Sec. Karl Kendrick Chua said, "In the coming months, better GDP and job numbers will hinge on how open the economy is."
As part of SEEK Asia, JobStreet conducted a survey among employers (314 participants) and job seekers (2,569 participants). They wanted to figure out what the job market is like right now to make "talent search and job search easier and faster."
One of the most interesting aspects highlighted in their research is the list of in-demand job functions right now—specifically the roles employers are looking to fill in the next six months.
Here's the data provided by JobStreet:
- Accounting - 33 percent
- Sales/CS/Business Development - 31 percent
- IT - 26 percent
- Admin & HR - 24 percent
- Engineering - 20 percent
- Banking/Finance - 15 percent
- Marketing/Public Relations - 14 percent
- Management - 13 percent
- Transportation & Logistics - 11 percent
- Building & Construction - 8 percent
- Design - 7 percent
- Hospitality/F&B - 7 percent
- Manufacturing - 6 percent
- Merchandising & Purchasing - 6 percent
- Media & Advertising - 5 percent
- Education - 4 percent
- Professional Services - 4 percent
- Beauty Care/Health - 3 percent
- Medical Services - 3 percent
- Property - 2 percent
- Sciences/Laboratory/R&D - 2 percent
- Insurance - 1 percent
- Public/Civil - 1 percent
- Telecomm - 1 percent
- Other - 11 percent
Some good news for Gen Z applicants: These jobs are more likely to be at a junior or entry level (78 percent), so start polishing those resumes and CVs.