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Job hunters grapple with drastic drop in online work ads

Source | Yahoo Finance

Industries’ hiring sentiment will likely remain cautious.

Singaporean jobseekers will have to brace for sustained sluggishness in hiring sentiment in 2016, according to the Singapore Recruitment Market Overview whitepaper released by Monster.com. 

The paper stated that based on data collected from the Monster Employment Index (MEI)—a gauge of online job posting activities recording the industries and occupations showing the high growth in recruitment activity—annual growth since January 2015 has been negative. As at August 2015, the YoY growth saw a 10% decline.

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