Cagayan de Oro City, a bustling urban center in the Philippines, is experiencing a dynamic shift in its job market as we move into 2024.
The city's economy is bolstered by its strategic location as a gateway to Northern Mindanao, making it a hub for commerce and industry.
Key local industries include agriculture, trade, and services, with emerging sectors such as information technology and business process outsourcing (BPO) gaining traction.
Recent infrastructure developments, including road expansions and port improvements, are expected to further stimulate economic growth and job creation in the city.
Cagayan de Oro City is witnessing a positive employment trend, with a steady increase in job opportunities across various sectors.
The city's strategic location and infrastructure improvements are attracting investments, particularly in the BPO and IT industries.
While the Gini index highlights income inequality challenges, efforts are being made to create more equitable job opportunities.
Job turnover rates are relatively stable, with a noticeable shift towards more sustainable and tech-driven roles.
Remote work is becoming increasingly popular in Cagayan de Oro City, aligning with the national trend where 35% of workers are engaged in remote jobs.
The IT and BPO sectors are leading the charge in offering remote positions, providing flexibility and access to a broader talent pool.
Local companies are adapting to this trend, with job boards highlighting remote opportunities in tech, marketing, and customer service.
Cagayan de Oro City offers a variety of job resources, including local job boards and career fairs that cater to diverse industries.
The city's career development centers and job placement programs provide valuable support for job seekers.
Verified local job boards include CDOJobs.com and JobStreet Philippines.
Entrepreneurial hubs and incubators are also available for those interested in starting their own businesses.