Overview of Hiring Activity
The foundit insights Tracker in Malaysia registered a 11% increase in hiring activity from December 2022 to December 2023.
The tracker saw marginal growth month-on-month but has registered 8% growth over the past six months, indicating a positive trend in Malaysia’s e-recruitment landscape.
Hiring Trends by Industry (YoY numbers)
In Demand:
Malaysia saw a strong growth in Retail (+113%), Hospitality (+84%), and Engineering, Construction, and Real Estate (+39%).
Facing Challenges:
BFSI (-31%) and Oil and Gas (-20%) continue to face declines, although there are signs of recovery.
Hiring Trends by Functional Area (YoY numbers)
In Demand:
Marketing & Communications (+48%) and Engineering/Production and Real Estate (+47%) see significant demand.
Facing Challenges:
Purchase/Logistics/Supply Chain (-21%), Customer Service (-17%), and Software, Hardware & Telecom (-17%).
About the foundit insights tracker
The foundit Insights Tracker (fit) Malaysia, earlier known as the Monster Employment Index, is the leading guide to Malaysia’s e-recruitment landscape. By examining millions of job listings, fit provides insights into the hiring trends in Malaysia.
