Companies are on the lookout again for fresh talent with tech-related industries seeing a demand for new blood, a report by JobStreet Philippines showed as key industries adapt to the new normal after two years of pandemic disruptions.
Digital transformation and government initiatives have boosted hiring in several career tracks with select industries recovering fully from the pandemic and are now seeing a demand for new talent according to the "Job Outlook Report 2022: The Rise to Recovery."
"Growth in digital initiatives accelerated by the pandemic resulted in demand surges for tech-related talent," the report stated.
MORE ON JOBS AND CAREERS:
Here are rising and recovering industries in 2022:
Strong Growth and Recovery
Computer and IT (Software)
Vacancies for software developer-related jobs saw an increase of 83.3%, making up a quarter of job ads available based on JobStreet Philippines' report which also noted that six out of 10 hiring ads were for junior executive positions.
Nearly all or 97% of vacancies in the education industry were for entry-level and junior executive positions. Most vacancies or 82.6% came from companies with less than 50 employees.
Healthcare and Medical
As the COVID-19 pandemic put a strain on healthcare systems worldwide, job ads for medical professionals, particularly nurses, grew.
Job ads for nurses grew by 45.2% with smaller companies or those with less than 50 employees posting more hiring calls with an increase by 84.7%
Over half of job ads in the industry are for junior executive positions at 52.5%, the report showed. Jobs specializing in sales and marketing saw the biggest increase for the industry at 76%.
And with the rollout of 5G network services, Jobstreet said the industry is projected to have more growth.
Banking and Financial Services
Accounting-related jobs accounted for most of the ads at 10.8%, with a 27.7% growth, the report showed.
JobStreet Philippines also noted that the banking and financial services industry is transforming from the effects of the pandemic and is seeing a "surge in demand for contactless financial services due to mobility restrictions."
Manufacturing and Production
Job ads for supervisors in this industry increased by over half at 54.7%. Of the total job ads for this industry, 30.3% are from small and medium enterprises or SMEs.
Transportation and Logistics
Job ads for managerial positions in this industry increased by nearly half or 47.2%, the report showed. Most of the job applications or 41.7% are for companies with more than 5,000 employees posted.
Construction, Building, and Engineering
Job ads for supervisor roles in this industry increased by 44.6%. JobStreet noted that SMEs received triple the applications for this industry compared to corporates.