{"id":38377,"date":"2024-06-04T17:41:31","date_gmt":"2024-06-04T12:11:31","guid":{"rendered":"https:\/\/www.foundit.my\/career-advice\/?p=38377"},"modified":"2024-06-27T11:06:10","modified_gmt":"2024-06-27T05:36:10","slug":"foundit-insights-tracker-malaysia-apr-2024","status":"publish","type":"post","link":"https:\/\/www.foundit.my\/career-advice\/foundit-insights-tracker-malaysia-apr-2024\/","title":{"rendered":"Malaysia&#8217;s Hiring Landscape in April 2024: Key Takeaways from the foundit Insights Tracker\u00a0"},"content":{"rendered":"<p class=\"wp-block-paragraph\">The foundit Insights Tracker (FIT) for Malaysia has unveiled a notable 12% increase in hiring demand annually as of April 2024.&nbsp;<p class=\"wp-block-paragraph\">The FIT index shows a positive trend compared to the same period last year. Despite a 3% month-on-month decline, the overall trajectory reflects a positive outlook on an annual basis.&nbsp;<\/p><p class=\"wp-block-paragraph\">The tracker also highlights a gradual yet consistent upward trend, with a 7% growth observed over the past six months, underscoring positive momentum across various industry sectors.&nbsp;<\/p><p class=\"wp-block-paragraph\">This optimistic trajectory is notably influenced by favorable economic conditions and the burgeoning startup ecosystem in the region.&nbsp;<\/p><div style=\"text-align: center;\">\n<iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vQahPUTQqjVfe2XhAx9SObwmNjtcF3yYgEMG4aZq3fR_bN2hdc_n9iO4IcLuQeM2UIyYRSpP3ImiMOI\/embed?start=true&amp;loop=true&amp;delayms=3000\" frameborder=\"0\" width=\"640\" height=\"389\" allowfullscreen=\"true\" mozallowfullscreen=\"true\" webkitallowfullscreen=\"true\"><\/iframe>\n<\/div><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\/06\/fit_MY_-Apr24.pdf\" target=\"_blank\" rel=\"noopener\">Download Apr 2024 fit Report (Malaysia) PDF<\/a>\n<\/div><p class=\"wp-block-paragraph\"><strong>Hiring Trends &ndash; Industry<\/strong>&nbsp;<\/p><p class=\"wp-block-paragraph\">7 out of 10 industries monitored by the FIT have witnessed an annual increase in hiring activity in April 2024.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>In Demand:<\/strong>&nbsp;<\/p><p class=\"wp-block-paragraph\">The <strong>Healthcare<\/strong> sector leads the pack with an impressive 162% annual growth, driven by the expansion of medical facilities and increased health awareness.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>Technology<\/strong> follows closely with a 95% surge annually, reflecting strong double-digit growth in the sector.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>Manufacturing<\/strong> exhibits significant annual growth of 72%, fueled by notable Foreign Direct Investment (FDI) opportunities and technological advancements.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>Challenges Faced:<\/strong>&nbsp;<\/p><p class=\"wp-block-paragraph\">The <strong>Retail<\/strong> sector experiences a consecutive annual drop of 19%, with the <strong>Oil and Gas<\/strong> sector witnessing a sharp 15% decline, marking the steepest annual decrease.&nbsp;<\/p><p class=\"wp-block-paragraph\">The <strong>Finance<\/strong> sector records a 9% annual dip amidst global economic uncertainties.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>Notable Growth:<\/strong>&nbsp;<\/p><p class=\"wp-block-paragraph\">The <strong>Logistics, Courier\/Freight\/Transportation, Shipping\/Marine<\/strong> sector demonstrates excellent growth, with a notable 30% increase annually, benefiting from the ongoing global supply chain shift.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>Advertising, Market Research, Public Relations, Media, and Entertainment<\/strong> sector witness a 22% annual increase in demand, reflecting an upsurge in hiring activity.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>Hiring Trends &ndash; Functional Area<\/strong>&nbsp;<\/p><p class=\"wp-block-paragraph\">6 out of 10 functional areas tracked saw an annual increase in online recruitment activity.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>In Demand:<\/strong>&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/www.foundit.my\/search\/mechanical-engineering-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Engineering<\/a>\/Production and Real Estate<\/strong> roles witness remarkable growth of 54%, aligned with green economic development goals.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>Sales &amp; <a href=\"https:\/\/www.foundit.my\/search\/fresher-business-development-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\">Business Development<\/a><\/strong> professionals experience an exceptional surge in demand at 49% annually, closely followed by <strong>Marketing &amp; Communications<\/strong> roles at 47%.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>Challenges Faced:<\/strong>&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong><a href=\"https:\/\/www.foundit.my\/search\/fresher-finance-analyst-banking-jobs-in-bandar\" target=\"_blank\" rel=\"noopener\" title=\"\">Finance <\/a>&amp; Accounts<\/strong> roles see a significant (-15%) annual drop, attributed to reduced demand in the BFSI sector.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>Purchase\/Logistics\/Supply Chain, Hospitality &amp; Travel, and Software, Hardware &amp; Telecom<\/strong> sectors register an annual decline in hiring demand in April 2024.&nbsp;<\/p><p class=\"wp-block-paragraph\"><strong>About the foundit Insights Tracker<\/strong>&nbsp;<\/p><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 has unveiled a notable 12% increase in hiring demand annually as of April 2024.&nbsp;The FIT index shows a positive trend compared to the same period last year. Despite a 3% month-on-month decline, the overall trajectory reflects a positive outlook on an annual basis.&nbsp;The tracker also highlights a gradual &hellip; <a href=\"https:\/\/www.foundit.my\/career-advice\/foundit-insights-tracker-malaysia-apr-2024\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Malaysia&#8217;s Hiring Landscape in April 2024: Key Takeaways from the 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-38377","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\/38377","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=38377"}],"version-history":[{"count":3,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/38377\/revisions"}],"predecessor-version":[{"id":39155,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/38377\/revisions\/39155"}],"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=38377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/categories?post=38377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/tags?post=38377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}