{"id":40071,"date":"2024-07-29T18:05:56","date_gmt":"2024-07-29T12:35:56","guid":{"rendered":"https:\/\/www.foundit.my\/career-advice\/?p=40071"},"modified":"2024-07-29T18:23:08","modified_gmt":"2024-07-29T12:53:08","slug":"foundit-insights-tracker-malaysia-june-2024","status":"publish","type":"post","link":"https:\/\/www.foundit.my\/career-advice\/foundit-insights-tracker-malaysia-june-2024\/","title":{"rendered":"Malaysia Hiring Landscape in June 2024: Key Takeaways from the foundit Insights Tracker\u00a0"},"content":{"rendered":"\n<p><strong>Key Highlights of the Month<\/strong><em>&nbsp;<\/em><\/p>\n\n\n\n<p>The June 2024 foundit Insights Tracker for Malaysia recorded a 10% year-on-year increase in hiring activity. The FIT index rose from 78 in June 2023 to 86 in June 2024, indicating a positive trend in the job market. Month-over-month, the index showed a slight increase from 85 in May 2024 to 86 in June 2024. Over the past three months, hiring activity has grown by 4%, supported by domestic demand and ongoing investments in digitalization and green growth.&nbsp;<\/p>\n\n\n\n<div style=\"text-align: center;\">\n<iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vR_6LsYSYTkX43YiFVh8e56xp1vXlvjai8mVM5ODNRP797LhOLvglXoEmuiIxBD7YQwOAbxHQa8Ynh8\/embed?start=true&#038;loop=true&#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\/07\/fit_MY_-June24.pdf\" target=\"_blank\" rel=\"noopener\">Download June 2024 fit Report (Malaysia) PDF<\/a>\n<\/div>\n\n\n\n<p><strong>Hiring Trends &#8211; Industry<\/strong><em>&nbsp;<\/em><\/p>\n\n\n\n<p>7 out of 10 industries monitored by the index reported annual growth in June 2024.&nbsp;<\/p>\n\n\n\n<p><strong>In Demand:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.my\/search\/retail-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Retail<\/strong><\/a> (+128%): Significant growth due to previous substantial investments in the sector.&nbsp;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/fresher-hospitality-jobs-in-kuala-lumpur\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Hospitality<\/strong><\/a> (+42%): Driven by ongoing large-scale projects and increased tourism.&nbsp;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/engineer-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Engineering<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/www.foundit.my\/search\/construction-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Construction<\/strong><\/a><strong>, and <\/strong><a href=\"https:\/\/www.foundit.my\/search\/real-estate-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Real Estate<\/strong><\/a> (+23%): Benefiting from sustained infrastructure developments.&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><strong>BFSI<\/strong> (-11%): Experienced the sharpest annual decline in hiring activity.&nbsp;<\/li>\n\n\n\n<li><strong>Production\/<\/strong><a href=\"https:\/\/www.foundit.my\/search\/manufacturing-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Manufacturing<\/strong><\/a><strong>, Automotive, and Ancillary<\/strong> (-6%): Continued to face challenges.&nbsp;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/oil-and-gas-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Oil and Gas<\/strong><\/a> (-1%): Marginal annual decline but a notable 5% growth over the past month.&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><a href=\"https:\/\/www.foundit.my\/search\/logistics-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Logistic<\/strong><\/a><strong>, Courier\/Freight\/<\/strong><a href=\"https:\/\/www.foundit.my\/search\/transportation-jobs-in-selangor\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Transportation<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/www.foundit.my\/search\/shipping-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Shipping<\/strong><\/a><strong>\/Marine<\/strong> (+16%)&nbsp;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/advertising-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Advertising<\/strong><\/a><strong>, Market Research, Public Relations, Media, and Entertainment<\/strong> (+8%)&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>Hiring Trends &#8211; Functional Area<\/strong><em>&nbsp;<\/em><\/p>\n\n\n\n<p>In June 2024, hiring activity increased in 7 out of the 10 monitored functional areas.&nbsp;<\/p>\n\n\n\n<p><strong>In Demand:<\/strong>&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Engineering\/Production<\/strong> (+59%): Dominated the hiring space.&nbsp;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/sales-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Sales <\/strong><\/a><strong>&amp; <\/strong><a href=\"https:\/\/www.foundit.my\/search\/business-development-jobs-in-other-malaysia\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Business Development<\/strong><\/a> (+55%): Continued strong demand.&nbsp;<\/li>\n\n\n\n<li><strong>HR &amp; Admin<\/strong> (+34%): Significant increase in demand.&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><strong>Hospitality &amp; Travel<\/strong> (-53%): Significant decline due to sector shifts.&nbsp;<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/fresher-customer-services-jobs\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>Customer Service<\/strong><\/a> (-24%): Decline driven by automation and digitalization.&nbsp;<\/li>\n\n\n\n<li><strong>Purchase\/Logistics\/Supply Chain<\/strong> (-10%): Notable annual drop.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p><strong>About the foundit Insights Tracker<\/strong><em>&nbsp;<\/em><\/p>\n\n\n\n<p>The foundit Insights Tracker (FIT) Malaysia, formerly known as the Monster Employment Index, is a comprehensive monthly analysis of online job posting activity. It provides valuable insights into recruitment trends across various industries and functional areas in Malaysia. <\/p>\n\n\n\n<p>For more information, visit<a href=\"https:\/\/www.foundit.my\/\" target=\"_blank\" rel=\"noopener\" title=\"\"> <\/a><a href=\"https:\/\/www.foundit.my\/career-advice\/insights-tracker\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong><em>foundit Insights Tracker<\/em><\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Highlights of the Month&nbsp; The June 2024 foundit Insights Tracker for Malaysia recorded a 10% year-on-year increase in hiring activity. The FIT index rose from 78 in June 2023 to 86 in June 2024, indicating a positive trend in the job market. Month-over-month, the index showed a slight increase from 85 in May 2024 [&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-40071","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\/40071","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=40071"}],"version-history":[{"count":5,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/40071\/revisions"}],"predecessor-version":[{"id":40107,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/40071\/revisions\/40107"}],"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=40071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/categories?post=40071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/tags?post=40071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}