{"id":43918,"date":"2024-11-29T14:30:00","date_gmt":"2024-11-29T09:00:00","guid":{"rendered":"https:\/\/www.foundit.my\/career-advice\/?p=43918"},"modified":"2025-09-29T12:33:23","modified_gmt":"2025-09-29T07:03:23","slug":"foundit-insights-tracker-malaysia-oct-2024","status":"publish","type":"post","link":"https:\/\/www.foundit.my\/career-advice\/foundit-insights-tracker-malaysia-oct-2024\/","title":{"rendered":"Malaysia Hiring Landscape in October \u201824: Sector-Specific Growth Amid Broad Declines\u00a0"},"content":{"rendered":"\n<p>In Malaysia, the <strong>foundit Insights Tracker (FIT)<\/strong> reported an <strong>11% annual growth<\/strong> in hiring, with the index rising to <strong>89 in October 2024<\/strong>. This increase reflects targeted recruitment in high-growth areas, even as macroeconomic factors like global inflation and supply chain challenges persist.&nbsp;<\/p>\n\n\n\n<div style=\"text-align: center;\">\n<iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vQsRLornP-Y9qCKFYBEQ2xvp2qj4eLDnHgDXMIW9qfKYV3qwEu9xRptpPwiYFhXwmq-FaBk89--UpA0\/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:\/\/www.foundit.my\/career-advice\/wp-content\/uploads\/2024\/11\/fit_MY_-Oct24.pdf\" target=\"_blank\" rel=\"noopener\">Download Oct 2024 fit Report (Malaysia) PDF<\/a>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Sectoral Growth Highlights<\/strong>&nbsp;<\/h2>\n\n\n\n<p>7 of the 10 industries tracked experienced annual hiring growth:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.my\/search\/retail-jobs\"><strong>Retail<\/strong><\/a><strong> (+46%)<\/strong>: Continued upward trajectory due to robust consumer spending and e-commerce expansion.\u00a0<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/advertising-jobs\"><strong>Advertising<\/strong><\/a><strong> &amp; <\/strong><a href=\"https:\/\/www.foundit.my\/search\/media-jobs\"><strong>Media<\/strong><\/a><strong> (+28%)<\/strong>: Demand surged as businesses invested in digital engagement strategies.\u00a0<\/li>\n\n\n\n<li><strong>Oil &amp; Gas (+16%)<\/strong>: Demonstrated resilience amidst evolving global energy demands.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>Declines were observed in:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Hospitality (-65%)<\/strong>: Competitive regional markets and changing travel patterns significantly impacted hiring demand.\u00a0<\/li>\n\n\n\n<li><strong>Production\/<\/strong><a href=\"https:\/\/www.foundit.my\/search\/manufacturing-jobs\"><strong>Manufacturing<\/strong><\/a><strong> (-8%)<\/strong>: Affected by supply chain disruptions and economic uncertainty.\u00a0<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Functional Area Trends&nbsp;<\/strong><\/h2>\n\n\n\n<p>7 of the 10 functional areas tracked saw hiring growth:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.my\/search\/software-engineer-jobs\"><strong>Software<\/strong><\/a><strong> &amp; <\/strong><a href=\"https:\/\/www.foundit.my\/search\/hardware-jobs\"><strong>Hardware<\/strong><\/a><strong> (+60%)<\/strong>: The highest annual growth, driven by increasing adoption of AI and automation technologies.\u00a0<\/li>\n\n\n\n<li><strong>Engineering &amp; <\/strong><a href=\"https:\/\/www.foundit.my\/search\/production-jobs\"><strong>Production<\/strong><\/a><strong> (+35%)<\/strong>: Boosted by infrastructure projects and industrial expansion.\u00a0<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/marketing-jobs\"><strong>Marketing<\/strong><\/a><strong> &amp; Communications (+32%)<\/strong>: Reflecting growing emphasis on digital strategies and customer engagement.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>While roles in <strong>Hospitality &amp; Travel (-65%)<\/strong> and <strong>Purchase\/<\/strong><a href=\"https:\/\/www.foundit.my\/search\/logistics-jobs\"><strong>Logistics<\/strong><\/a><strong> (-6%)<\/strong> faced challenges, growth in <a href=\"https:\/\/www.foundit.my\/search\/human-resources-jobs\"><strong>HR<\/strong><\/a><strong> &amp; <\/strong><a href=\"https:\/\/www.foundit.my\/search\/admin-jobs\"><strong>Admin<\/strong><\/a><strong> (+14%)<\/strong>, <a href=\"https:\/\/www.foundit.my\/search\/finance-accounts-jobs\"><strong>Finance &amp; Accounts<\/strong><\/a><strong> (+31%)<\/strong>, and <a href=\"https:\/\/www.foundit.my\/search\/sales-jobs\"><strong>Sales<\/strong><\/a><strong> &amp; BD (+23%)<\/strong> demonstrates demand for operational and strategic professionals.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About the foundit Insights Tracker<\/strong>&nbsp;<\/h2>\n\n\n\n<p>The <strong>foundit Insights Tracker (FIT)<\/strong> is a monthly analysis of online recruitment trends, providing actionable insights across industries, functions, and geographies. As a successor to the Monster Employment Index, it captures the evolving hiring landscape to help employers and job seekers stay ahead.&nbsp;For more details, visit<a href=\"https:\/\/www.foundit.my\/\"> <strong>foundit<\/strong><\/a> or contact <strong>PR@foundit.ai<\/strong>.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Malaysia, the foundit Insights Tracker (FIT) reported an 11% annual growth in hiring, with the index rising to 89 in October 2024. This increase reflects targeted recruitment in high-growth areas, even as macroeconomic factors like global inflation and supply chain challenges persist.&nbsp; Download Oct 2024 fit Report (Malaysia) PDF Sectoral Growth Highlights&nbsp; 7 of [&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-43918","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\/43918","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=43918"}],"version-history":[{"count":4,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/43918\/revisions"}],"predecessor-version":[{"id":43930,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/43918\/revisions\/43930"}],"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=43918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/categories?post=43918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/tags?post=43918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}