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01 October 2021
Online recruitment in Singapore grew by 30% in August 2021 when compared to August 2020 according to data from the Monster Employment Index.
The Monster Employment Index (MEI) stood at 135 in August 2021 compared to 104 in August 2020.
Month-on-month, there was a decrease of 2%.
Monster noted that, in the last three months, an average growth of 2% was recorded which shows the impacted growth in online recruitment.
Online hiring demand in August 2021 exceeded August 2020 levels in all of the 14 industries monitored by the Index.
IT, Telecom/ISP (Internet Service Provider) and BPO/ITES (Business Process Outsourcing/IT enabled services) (+40%), BFSI (banking financial services and insurance) (+38%) and Engineering, Construction and Real Estate (+37%), still remain on the top to mark the highest growth in e-recruitment activity among industries on year-on-year basis.
Online demand for professionals saw an upsurge annually for all of the 12 functional areas monitored by the Index.
Legal (61%), professionals witnessed steepest year-on-year growth. This was followed by increase in demand for Software, Hardware, Telecom (46%) and Finance & Accounts (43%) professionals.
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