{"id":33675,"date":"2024-01-12T12:26:05","date_gmt":"2024-01-12T06:56:05","guid":{"rendered":"https:\/\/www.foundit.my\/career-advice\/?p=33675"},"modified":"2024-01-12T12:32:46","modified_gmt":"2024-01-12T07:02:46","slug":"foundit-insights-tracker-malaysia-nov-2023","status":"publish","type":"post","link":"https:\/\/www.foundit.my\/career-advice\/foundit-insights-tracker-malaysia-nov-2023\/","title":{"rendered":"Malaysia&#8217;s Hiring Landscape in November 2023: foundit Insights Tracker\u00a0"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The foundit Insights Tracker (fit) for Malaysia showcases a positive trend in the country&rsquo;s hiring environment. November 2023 sees a 12% year-on-year (YoY) increase in e-recruitment activity, signifying a robust job market.&nbsp;<p class=\"wp-block-paragraph\">Over the last quarter, a notable 4% growth has been observed, underlining a consistent and significant demand across various industries.&nbsp;<\/p><iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vREmZommBxwCqxEtRAMCApqf39cHE4HTBczmyE2yVqeBCGaR2SDhBfFqXIRELj3Cj2ZYpQeTgrTbF2h\/embed?start=true&amp;loop=false&amp;delayms=5000\" frameborder=\"0\" width=\"960\" height=\"569\" allowfullscreen=\"true\" mozallowfullscreen=\"true\" webkitallowfullscreen=\"true\"><\/iframe><h2 class=\"wp-block-heading\"><strong>Hiring Trends by Industry (YoY figures)<\/strong>&nbsp;<\/h2><p class=\"wp-block-paragraph\"><em>Out of the ten industries monitored, seven displayed a positive annual increase in hiring for November 2023<\/em>&nbsp;<\/p><h3 class=\"wp-block-heading\"><strong>In demand: <\/strong>&nbsp;<\/h3><ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.foundit.my\/search\/retail-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Retail<\/a> <\/strong>shows a striking 76% YoY increase, despite a MoM downturn due to reduced demand for foreign brands.&nbsp;<\/li>\n\n\n\n<li><strong>Hospitality <\/strong>witnesses a 49% surge over the year, although there&rsquo;s a recent dip.&nbsp;<\/li>\n\n\n\n<li><strong><a href=\"https:\/\/www.foundit.my\/search\/engineer-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Engineering<\/a>, <a href=\"https:\/\/www.foundit.my\/search\/construction-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Construction<\/a>, and Real Estate <\/strong>experiences a remarkable 38% annual growth.&nbsp;<\/li>\n<\/ul><h3 class=\"wp-block-heading\"><strong>Facing Challenges:&nbsp; <\/strong>&nbsp;<\/h3><ul class=\"wp-block-list\">\n<li><strong>BFSI <\/strong>observes the most significant annual decline at 20%, impacted by global economic factors.&nbsp;<\/li>\n\n\n\n<li><strong>Oil and Gas <\/strong>continues its negative trend with a 19% YoY fall.&nbsp;<\/li>\n\n\n\n<li><strong>Advertising, Market Research, Public Relations, Media and Entertainment <\/strong>suffered a marginal 2% drop.&nbsp;<\/li>\n<\/ul><h2 class=\"wp-block-heading\"><strong>Hiring Trends by Functional Area (YoY figures)<\/strong>&nbsp;<\/h2><p class=\"wp-block-paragraph\"><em>The tracker reveals growth in seven out of ten functions <\/em>&nbsp;<\/p><h3 class=\"wp-block-heading\"><strong>In demand: <\/strong>&nbsp;<\/h3><ul class=\"wp-block-list\">\n<li><strong><a href=\"https:\/\/www.foundit.my\/search\/hospitality-and-tourism-management-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Hospitality &amp; Travel<\/a> <\/strong>dominates with a 90% increase, maintaining its position as a leading sector in job demand.&nbsp;<\/li>\n\n\n\n<li><strong>Customer Service <\/strong>saw a significant 58% rise, indicating robust demand despite recent dips.&nbsp;<\/li>\n\n\n\n<li><strong>Sales &amp; Business Development <\/strong>enjoyed a solid 33% YoY growth.&nbsp;<\/li>\n<\/ul><h3 class=\"wp-block-heading\"><strong>Facing Challenges: <\/strong>&nbsp;<\/h3><p class=\"wp-block-paragraph\"><strong>Finance &amp; Accounts and Purchase\/ Logistics\/ Supply Chain <\/strong>professions face a downturn with -12% and -13% respectively.&nbsp;<\/p><p class=\"wp-block-paragraph\">On a positive note, Marketing &amp; Communications roles see a 10% rise, while HR &amp; Admin and Software, Hardware &amp; Telecom sectors witness modest growths of 4% and 6% respectively. However, Engineering\/Production and Real Estate roles see a 4% annual decline.&nbsp;<\/p><p class=\"wp-block-paragraph\">The numbers by foundit Insights Tracker underscores a dynamic and evolving hiring landscape in Malaysia, reflecting broader economic trends and industry shifts as of November 2023.&nbsp;<\/p><div style=\"text-align: center;\">\n<a font-size: 18px;border-radius: 4px;font-weight: bold;\" href=\"https:\/\/media.foundit.in\/career-advice\/wp-content\/uploads\/2024\/01\/fit_MY_-Nov23.pdf\" target=\"_blank\" rel=\"noopener\">Download Nov 2023 fit Report (Malaysia) PDF<\/a>\n<\/div><h2 class=\"wp-block-heading\"><strong>About the foundit insights tracker&nbsp;<\/strong>&nbsp;<\/h2><p class=\"wp-block-paragraph\">The foundit Insights Tracker (fit) Malaysia, earlier known as the Monster Employment Index, is the leading guide to Malaysia&rsquo;s e-recruitment landscape. By examining millions of job listings, fit provides insights into the hiring trends in Malaysia.&nbsp;<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The foundit Insights Tracker (fit) for Malaysia showcases a positive trend in the country&rsquo;s hiring environment. November 2023 sees a 12% year-on-year (YoY) increase in e-recruitment activity, signifying a robust job market.&nbsp;Over the last quarter, a notable 4% growth has been observed, underlining a consistent and significant demand across various industries.&nbsp;Hiring Trends by Industry (YoY &hellip; <a href=\"https:\/\/www.foundit.my\/career-advice\/foundit-insights-tracker-malaysia-nov-2023\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Malaysia&#8217;s Hiring Landscape in November 2023: foundit Insights Tracker\u00a0<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":17264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-33675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights-tracker"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/33675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/comments?post=33675"}],"version-history":[{"count":3,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/33675\/revisions"}],"predecessor-version":[{"id":33686,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/33675\/revisions\/33686"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/media\/17264"}],"wp:attachment":[{"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/media?parent=33675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/categories?post=33675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/tags?post=33675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}