{"id":42854,"date":"2024-10-23T15:10:15","date_gmt":"2024-10-23T09:40:15","guid":{"rendered":"https:\/\/www.foundit.my\/career-advice\/?p=42854"},"modified":"2024-10-24T14:21:03","modified_gmt":"2024-10-24T08:51:03","slug":"foundit-insights-tracker-malaysia-sep-2024","status":"publish","type":"post","link":"https:\/\/www.foundit.my\/career-advice\/foundit-insights-tracker-malaysia-sep-2024\/","title":{"rendered":"Malaysia&#8217;s Hiring Landscape in September 2024: Key Takeaways from the foundit Insights Tracker\u00a0"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>Key Highlights of the Month<\/strong>&nbsp;<\/h2>\n\n\n\n<p>Malaysia\u2019s hiring activity recorded a 13% year-on-year increase in September 2024, with the FIT (foundit Insights Tracker) index rising from 79 in September 2023 to 89 in September 2024. However, the month-on-month figures showed a 1% decline compared to August 2024, pointing to a temporary slowdown due to seasonal factors.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Despite this, the broader trend remains positive, with the country seeing a 7% growth in hiring over the past six months. Infrastructure developments, government-backed economic reforms, and strong demand in digital technology and renewable energy sectors have been key drivers of this 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-1vRkASEkcqHvEn7lVlnhEhGf_9VZiyRPB_IKAoCLQP1JDN71mikL_xljYu-Rkr8oM9-DjFE4qvo3yvFa\/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\/10\/fit_MY_-Sep24.cleaned.pdf\" target=\"_blank\" rel=\"noopener\">Download Sep 2024 fit Report (Malaysia) PDF<\/a>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Hiring Trends &#8211; Industry<\/strong>&nbsp;<\/h2>\n\n\n\n<p><em>8 out of the 10 industries tracked in Malaysia reported year-on-year growth in September 2024.<\/em>&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In Demand:&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The <a href=\"https:\/\/www.foundit.my\/search\/retail-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Retail<\/strong><\/a><strong> sector (+48%) <\/strong>remained the top recruiter for another month, driven by consumer spending and the expansion of e-commerce. &nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.my\/search\/engineering-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Engineering<\/strong><\/a><strong>, <\/strong><a href=\"https:\/\/www.foundit.my\/search\/construction-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Construction<\/strong><\/a><strong> &amp; <\/strong><a href=\"https:\/\/www.foundit.my\/search\/real-estate-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Real Estate<\/strong><\/a><strong> (+39%) <\/strong>followed closely, buoyed by significant infrastructure investments, including mega projects supported by foreign investments and favourable government policies. <a href=\"https:\/\/www.foundit.my\/search\/hospitality-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Hospitality<\/strong><\/a><strong> (+31%) <\/strong>also saw a solid increase, reflecting the recovery of the tourism and service sectors.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Facing Challenges:&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>BFSI (-10%) <\/strong>faced a notable reduction in hiring demand, influenced by strategic adjustments across financial services. &nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.my\/search\/production-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Production<\/strong><\/a><strong>\/<\/strong><a href=\"https:\/\/www.foundit.my\/search\/manufacturing-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Manufacturing<\/strong><\/a><strong>\/<\/strong><a href=\"https:\/\/www.foundit.my\/search\/automotive-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Automotive<\/strong><\/a><strong> (-9%)<\/strong> also saw a decline, largely due to supply chain disruptions and market shifts that affected production and recruitment efforts.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Other sectors like <a href=\"https:\/\/www.foundit.my\/search\/logistics-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Logistics<\/strong><\/a><strong>, Courier\/Freight\/<\/strong><a href=\"https:\/\/www.foundit.my\/search\/transportation-jobs-in-malaysia\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Transportation<\/strong><\/a><strong> (+8%) <\/strong>and <strong>IT\/<\/strong><a href=\"https:\/\/www.foundit.my\/search\/fresher-telecom-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telecom<\/strong><\/a><strong>\/ISP (+17%) <\/strong>continued to experience steady growth, highlighting the ongoing demand for digital and operational talent.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Hiring Trends &#8211; Functional Area<\/strong>&nbsp;<\/h2>\n\n\n\n<p><em>8 out of 10 functional areas saw annual growth in September 2024, reflecting broad-based demand across multiple professions.<\/em>&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>In Demand:&nbsp;<\/strong>&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.my\/search\/software-engineer-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Software<\/strong><\/a><strong>, Hardware &amp; Telecom (+58%) <\/strong>witnessed a surge in demand, driven by the increasing need for advanced technology solutions and the growing focus on cybersecurity and data management. &nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Engineering\/Production (+52%) <\/strong>saw significant gains, with the push for sustainable engineering and green technologies boosting hiring activity in these areas. Marketing &amp; Communications (+38%) also reported strong demand, as companies continued to focus on expanding their reach and enhancing customer engagement.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Facing Challenges:<\/strong>&nbsp;&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.my\/search\/hospitality-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Hospitality<\/strong><\/a><strong> &amp; Travel (-66%) <\/strong>experienced a significant drop in demand, though recent months have shown some signs of recovery. &nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Purchase\/<\/strong><a href=\"https:\/\/www.foundit.my\/search\/logistics-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Logistics<\/strong><\/a><strong>\/Supply Chain (-8%) <\/strong>also saw a slight decline in demand, influenced by ongoing supply chain challenges.&nbsp;<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Despite these setbacks, roles in <a href=\"https:\/\/www.foundit.my\/search\/customer-service-processes-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Customer Service<\/strong><\/a><strong> (+14%)<\/strong>, <a href=\"https:\/\/www.foundit.my\/search\/human-resources-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>HR<\/strong><\/a><strong> &amp; Admin (+19%)<\/strong>, <a href=\"https:\/\/www.foundit.my\/search\/finance-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Finance<\/strong><\/a><strong> &amp; <\/strong><a href=\"https:\/\/www.foundit.my\/search\/accounting-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Accounts<\/strong><\/a><strong> (+18%)<\/strong>, and <a href=\"https:\/\/www.foundit.my\/search\/sales-business-development-jobs\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Sales &amp; Business Development<\/strong><\/a><strong> (+31%) <\/strong>showed strong annual growth, pointing to ongoing recruitment in key operational areas.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About the foundit Insights Tracker&nbsp;<\/strong><\/h2>\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. For more information, visit <a href=\"https:\/\/www.foundit.my\/\" target=\"_blank\" rel=\"noreferrer noopener\">www.foundit.my<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Highlights of the Month&nbsp; Malaysia\u2019s hiring activity recorded a 13% year-on-year increase in September 2024, with the FIT (foundit Insights Tracker) index rising from 79 in September 2023 to 89 in September 2024. However, the month-on-month figures showed a 1% decline compared to August 2024, pointing to a temporary slowdown due to seasonal factors.&nbsp;&nbsp; [&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-42854","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\/42854","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=42854"}],"version-history":[{"count":4,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/42854\/revisions"}],"predecessor-version":[{"id":42905,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/42854\/revisions\/42905"}],"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=42854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/categories?post=42854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/tags?post=42854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}