4 Fastest-Growing Sectors to Watch Out for Jobs in 2020

The Philippines has a continuously booming economy, thanks in part to the highly skilled Filipino workers. Certain sectors lead the way with their significant growth. If you are looking for a job or planning to venture into business, getting involved in these growing sectors may just have you facing a bright future.

1. Tourism

For decades, the Philippines has been one of the popular destinations for tourists from all over the globe. The country constantly sees tourists from other countries who wish to see the beautiful beaches, breathtaking mountaintops, and other attractions. Not to mention, the Filipino hospitality is also popular among people who are raised with different cultures. 

True enough, the tourism and travel sector is bound to be a consistently profitable one. What’s great about this is the opportunities are practically limitless. Tourism, after all, doesn’t only involve accommodations. It also involves transportation, information technology, guides, translation, and even retail. 

If you have an inclination for travel, then a career in tourism may be a great fit for you.

View all jobs in the tourism industry.

2. Real Estate

Real estate is the sector that involves the sale, purchase, and/or rental of buildings and property. There are different types of real estate, including commercial real estate, residential real estate, industrial real estate, and land real estate.

From townhouses to parking spaces, warehouses, and everything in between, there are a lot of types of properties under the real estate category. Furthermore, there are also a lot of consumers in need of real estate properties. We have both Filipinos and ex-pats looking for their own homes to live in. There are business owners looking for offices and commercial spaces for their businesses. Meanwhile, there are investors who are looking to invest in real estate.

If you think you have sales prowess, a career in real estate may suit you well.

View all jobs in the real estate industry.

3. Advertising and Digital Marketing

The advertising and digital marketing industry have seen significant growth in the past decade. A lot of it has to do with the rise of the outsourcing industry. With the Internet continuously being used by businesses to market and advertise, and with consumers continuously using the Internet to look for products, services, and information that they need, digital marketing is here to stay.

Writers, graphic artists, marketing specialists, and other professionals who are technologically-inclined may find the right career fit in the Philippines’ booming advertising and marketing industry.

View all jobs in the advertising & digital marketing industry.

4. Retail and Manufacturing

Retail is the process of selling products to consumers while manufacturing deals with the production of products to sell. The manufacturing industry in the Philippines continues to grow, with both local and foreign businesses doing the manufacture of products here in the country. 

Furthermore, local manufacturers can also sell their own products through wholesale and retail. Meanwhile, those who do not wish to manufacture can focus on retail. 

Startup entrepreneurs can sell on a small scale, but retail also involves big commerce. Think malls and shopping centers. E-commerce is now also a continuously growing sector in the country.

From logistics to sales itself, there are a lot of job opportunities in this booming industry.

View all jobs in the retail & manufacturing industry.

Find these tips useful? We have more career advice, workplace tips, and job search tips on our blog. If you’re looking for jobs in the Philippines or abroad, sign up now and start applying!

Photo by Ryoji Iwata on Unsplash

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