Top 10 Most In-Demand Jobs Right Now
What industry changes can we expect for the rest of 2021 and in the coming year? COVID-19 is still a major influencer, altering the list of the most in-demand jobs both here and abroad. To help you get a clear picture of what is happening and what to expect, read this infographic article on the country’s top hiring roles and industries.
Current Status of Philippine Employment
Last July 2021, the Philippine Statistics Authority (PSA) released a bit of good news. The country’s unemployment was at 6.9%, the lowest since the start of the pandemic in April 2020. Conversely, the employment rate was at 93%, the highest during the same period.
Meanwhile, JobStreet data showed that from January to September 2021, a monthly average of 70,971 job ads were posted on the site.
2021-2022 Global Outlook
According to the International Monetary Fund (IMF), economic recovery largely depends on vaccine access. Consequently, advanced economies such as the United States, Japan, and European Union countries may normalize earlier. With their widespread vaccine rollout and government support, health goals are achieved faster. However, the IMF stressed that full economic recovery cannot be guaranteed as long as the virus is spreading in other countries.
Because of these shifts, these jobs are generally sought-after across the globe:
Because of the pandemic, some lost income sources, while others are going through financial worry. Those who have managed to hold on to their jobs are anxious about their future. For these reasons, financial advisors have become in demand.
The health sector is likely to thrive even beyond the pandemic. In particular, nurses continue to be in demand in Canada, US and many other countries with an aging population.
With many consumers opting to stay home, delivery services are at their peak. Therefore, online shopping has boosted the demand for drivers.
Technology has become necessary during the pandemic. Businesses are boosting their digital presence. Better and faster software is needed to improve online transactions. Digital marketers, data analysts and graphic designers are currently trending jobs.
For countries opening up their economy, marketing roles such as salespeople and customer service representatives are back on top. In fact, the US is regaining its booming retail sales industry.
2021-2022 Philippine Outlook
Developing economies like the Philippines are at risk for slow vaccine rollouts. According to the World Health Organization (WHO), this prolongs the pandemic, making viral mutations possible. Last July 2021, the National Economic and Development Authority (NEDA) acknowledged the economic dangers posed by the more transmissible Delta variant.
According to the World Economic Outlook, the Philippine economy may grow by 5.4% this year, and 7% in 2022. But this recovery still depends on health metrics. Currently, the Philippines still have infection waves that are holding back the economy.
Despite these hurdles, some local industries manage to thrive, creating job opportunities. Based on JobStreet Data, here are the Top 10 in-demand jobs this year as of September 2021 and their corresponding average monthly salary.
Top specializations such as Education, Customer Service and Healthcare succeed despite limited face-to-face interactions. This is because technology allows such services to be delivered digitally. With businesses going online, it is no wonder that IT (Information Technology) is the third most in-demand job. Not surprisingly, Human Resources also made it on the list. Because of digitization, companies need to expand and add new roles to stay competitive.
As of September 2021, here are the top industries hiring based on the job ads posted on JobStreet this year:
Top Locations Hiring
Lastly, when it comes to locations, NCR still leads the pack with the most jobs snapping up almost 50% of the job market, which accounts for 312,979 jobs. Here are the other provinces that topped the list
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Bonus Tip: How To Stay Competitive
Pandemic or not, your business must cope with the rapid industry changes. While knowing your target market’s needs, you also have to find out what jobseekers want. This way, you can hire top talents that boost your business. Here are some job trends mentioned in JobStreet’s Decoding Global Talent: The Ultimate Guide to Work Trends 2021 survey done with the Boston Consulting Group (BGC) and The Network
1. Highlight transferable skills. Soft or transferable skills remain relevant across jobs. At this time when some industries suffer and others boom, soft skills let jobseekers switch fields. For example, customer service and administrative roles are open to those without direct experience. By focusing on soft skills, your company gains access to a wider pool of talents.
2. Offer work-from-home setups. According to the survey, Filipinos who prefer remote work increased by 300% from the pre-COVID era. To attract more jobseekers, consider offering work-from-home setups. If the role still requires on-site duties, highlight the fact that some work days can be done remotely. Flexible schedules can also make the role more appealing. Also, remote jobs let you to reach jobseekers outside NCR where jobs are fewer.
3. Adjust to Automation. According to the World Economic Forum (WEF), 75% of global employers are applying digital tools. However, the JobStreet survey showed that more than 50% of Filipino employees think their jobs are at risk due to automation. Combat this fear by using digital tools to motivate them. Let them know that though automation may change routines, it is beneficial in the long run. Walk your employees through the technology. Involve them in mapping out new business goals brought by automation.
4. Encourage learning. WEF states that the number of people looking for learning opportunities on the internet has increased by four times. Government and business employers are also offering more online classes to upskill employees on digitization. Additionally, the JobStreet report reveals that the majority of Filipino workers are willing to retrain on digital and IT skills. Self-studying and online courses like what JobStreet and Luna Academy offer are among the top learning resources for today’s Filipino talents.
To know more about what Filipino jobseekers want, download the report for free and in full today!
For more expert insights on employee trends, talent acquisition, and talent management, visit our inspirations page.