{"id":39176,"date":"2024-06-27T14:19:14","date_gmt":"2024-06-27T08:49:14","guid":{"rendered":"https:\/\/www.foundit.my\/career-advice\/?p=39176"},"modified":"2024-07-17T11:07:35","modified_gmt":"2024-07-17T05:37:35","slug":"foundit-insights-tracker-malaysia-may-2024-2","status":"publish","type":"post","link":"https:\/\/www.foundit.my\/career-advice\/foundit-insights-tracker-malaysia-may-2024-2\/","title":{"rendered":"Malaysia&#8217;s Hiring Landscape in May 2024: Key Takeaways from the foundit Insights Tracker"},"content":{"rendered":"\n<p><strong>Key Highlights of the Month <\/strong>&nbsp;<br>Malaysia&#8217;s foundit Insights Tracker registers an 8% increase in hiring activity annually in May 2024, with the index climbing from 79 in May 2023 to 85 in May 2024. The month-over-month analysis reveals a 2% increase, with sustained growth over the past six months.&nbsp;<\/p>\n\n\n\n<div style=\"text-align: center;\">\n<iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vTFa30C75A0n8933ahh0wvmpgF5hevUqfQokj9G86RaooiOlnXoaH8RaSmwg0T7FQ\/embed?start=false&#038;loop=false&#038;delayms=3000\" frameborder=\"0\" width=\"640\" height=\"389\" allowfullscreen=\"true\" mozallowfullscreen=\"true\" webkitallowfullscreen=\"true\"><\/iframe>\n<\/div>\n\n\n\n<div style=\"text-align: center;\">\n<a style=\"display: inline-block;background-color: #7900c6;color: #fff;text-align: center;padding: 10px 20px;text-decoration: none;font-size: 18px;border-radius: 4px;font-weight: bold;\" href=\"https:\/\/media.foundit.in\/career-advice\/wp-content\/uploads\/2024\/06\/fit_MY_-May24-1.pdf\" target=\"_blank\" rel=\"noopener\">Download May 2024 fit Report (India) PDF<\/a>\n<\/div>\n\n\n\n<p><strong>Hiring Trends &#8211; Industry <\/strong>&nbsp;<br><em>6 out of 10 industries monitored registered an annual increase in hiring activity in May 2024.<\/em>&nbsp;<\/p>\n\n\n\n<p><strong>In Demand:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Retail (+135%) marked outstanding annual growth.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Hospitality (+40%) also saw notable annual and monthly growth.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Engineering, Construction, and Real Estate (+33%) demonstrated exceptional growth.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Facing Challenges:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>BFSI (-13%) witnessed the steepest annual decline.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>IT, Telecom\/ISP, BPO\/ITES (-9%), and Oil and Gas (-6%) sectors faced declines.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Other Growth Areas:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Logistics, Courier\/Freight\/Transportation, Shipping\/Marine (+19%) saw substantial annual growth.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Advertising, Market Research, Public Relations, Media, and Entertainment (+3%) saw an uptick in demand.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Hiring Trends &#8211; Functional Area <\/strong>&nbsp;<br><em>6 out of 10 functional areas tracked saw an annual increase in online recruitment activity in May 2024.<\/em>&nbsp;<\/p>\n\n\n\n<p><strong>In Demand:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Sales &amp; Business Development (+83%) saw a significant annual surge in hiring, with data analytics as a critical skill.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Engineering\/Production (+76%) and Marketing &amp; Communications (+32%) roles also saw increases.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Facing Challenges:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Customer Service (-30%) professionals experienced a notable annual dip.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Hospitality &amp; Travel (-18%) and Purchase\/Logistics\/Supply Chain (-5%) roles also saw declines.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>About the foundit Insights Tracker <\/strong>&nbsp;<br>The foundit Insights Tracker (FIT) Malaysia, earlier known as the Monster Employment Index, is the leading guide to Malaysia\u2019s e-recruitment landscape. By examining millions of job listings, FIT provides insights into the hiring trends in Malaysia.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Highlights of the Month &nbsp;Malaysia&#8217;s foundit Insights Tracker registers an 8% increase in hiring activity annually in May 2024, with the index climbing from 79 in May 2023 to 85 in May 2024. The month-over-month analysis reveals a 2% increase, with sustained growth over the past six months.&nbsp; Download May 2024 fit Report (India) [&hellip;]<\/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":{"0":"post-39176","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-insights-tracker"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/39176","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=39176"}],"version-history":[{"count":2,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/39176\/revisions"}],"predecessor-version":[{"id":39372,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/39176\/revisions\/39372"}],"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=39176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/categories?post=39176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/tags?post=39176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}