{"id":44914,"date":"2025-01-17T15:00:00","date_gmt":"2025-01-17T09:30:00","guid":{"rendered":"https:\/\/www.foundit.my\/career-advice\/?p=44914"},"modified":"2025-01-17T16:19:49","modified_gmt":"2025-01-17T10:49:49","slug":"foundit-insights-tracker-malaysia-nov-2024","status":"publish","type":"post","link":"https:\/\/www.foundit.my\/career-advice\/foundit-insights-tracker-malaysia-nov-2024\/","title":{"rendered":"Malaysia November 2024 Hiring Landscape: Gradual Recovery with Strategic Growth\u00a0"},"content":{"rendered":"\n<p>Malaysia recorded a 1% year-on-year increase in hiring activity, with the FIT index rising from 82 in November 2023 to 83 in November 2024. However, hiring demand saw a 7% month-on-month decline, reflecting seasonal adjustments. Over the past six months, hiring dipped by 3%, but long-term optimism persists due to robust labor market dynamics fueled by strategic investments and expansion in the semiconductor sector.&nbsp;<\/p>\n\n\n\n<div style=\"text-align: center;\">\n<iframe loading=\"lazy\" src=\"https:\/\/docs.google.com\/presentation\/d\/e\/2PACX-1vS9_J3MIITNGvr-uuKCbH6L4795A7iC5XQYvOuK2Jpo5qpcbteDbaiNmmAdg2i3QfLPY82Y8blXiKAF\/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\/2025\/01\/fit_MY_-Nov24.pdf\" target=\"_blank\" rel=\"noopener\">Download Nov 2024 fit Report (Malaysia) PDF<\/a>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Sectoral Growth Highlights<\/strong><\/h2>\n\n\n\n<p><em>Of the 10 industries monitored, 7 posted annual growth in hiring.<\/em>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.foundit.my\/search\/oil-and-gas-jobs-in-malaysia\" target=\"_blank\" rel=\"noopener\" title=\"oil &amp; gas jobs\"><strong>Oil &amp; Gas<\/strong><\/a><strong> (+29%)<\/strong>: Strong demand supported by Southeast Asia\u2019s rising energy needs and R&amp;D investments.\u00a0<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/diploma-hospitality-diploma-jobs\" target=\"_blank\" rel=\"noopener\" title=\"hospitality jobs\"><strong>Hospitality<\/strong><\/a><strong> (+21%)<\/strong>: Rebound in hiring driven by the upcoming \u201cVisit Malaysia 2026\u201d campaign.\u00a0<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/retail-jobs\" target=\"_blank\" rel=\"noopener\" title=\"retail jobs\"><strong>Retail<\/strong><\/a><strong> (+17%)<\/strong>: Growth attributed to higher consumer spending and e-commerce expansion.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>In contrast, <a href=\"https:\/\/www.foundit.my\/search\/it-jobs\" target=\"_blank\" rel=\"noopener\" title=\"IT jobs\"><strong>IT<\/strong><\/a><strong> &amp; Telecom (-28%) <\/strong>saw a sharp decline, with a 16% decline just over the past month.\u00a0\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Functional Area Trends<\/strong><\/h2>\n\n\n\n<p><em>7 of the 10 functional areas monitored reported annual hiring growth in November 2024.<\/em>\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Engineering\/Production (+40%)<\/strong>: Growth supported by infrastructure projects tied to Malaysia Vision 2025.\u00a0<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/finance-jobs\" target=\"_blank\" rel=\"noopener\" title=\"finance jobs\"><strong>Finance<\/strong><\/a><strong> &amp; <\/strong><a href=\"https:\/\/www.foundit.my\/search\/accounting-jobs\" target=\"_blank\" rel=\"noopener\" title=\"finance jobs\"><strong>Accounts<\/strong><\/a><strong> (+37%)<\/strong>: A strong rise in demand for financial expertise across sectors.\u00a0<\/li>\n\n\n\n<li><a href=\"https:\/\/www.foundit.my\/search\/other-marketing-jobs\" target=\"_blank\" rel=\"noopener\" title=\"marketing jobs\"><strong>Marketing<\/strong><\/a><strong> &amp; Communications (+22%)<\/strong>: Continued reliance on digital and multimedia marketing strategies.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>The government\u2019s focus on industrial development and digital transformation is expected to drive sustained demand for skilled professionals in the coming months.&nbsp;<\/p>\n\n\n\n<p>However, <a href=\"https:\/\/www.foundit.my\/search\/customer-service-jobs\" target=\"_blank\" rel=\"noopener\" title=\"customer service jobs\"><strong>Customer Service<\/strong><\/a><strong> (-57%)<\/strong>, and <strong>Hospitality &amp; <\/strong><a href=\"https:\/\/www.foundit.my\/search\/outbound-travel-jobs-in-malaysia\" target=\"_blank\" rel=\"noopener\" title=\"travel jobs\"><strong>Travel<\/strong><\/a><strong> (-67%)<\/strong> roles saw declines, reflecting automation trends and seasonal fluctuations.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>About the foundit Insights Tracker<\/strong><\/h2>\n\n\n\n<p>The foundit Insights Tracker (FIT) is a comprehensive monthly analysis of online recruitment trends, providing actionable insights into industries, functions, and geographies. It helps employers and job seekers adapt to the evolving hiring landscape.&nbsp;For more insights, visit foundit or contact PR@foundit.ai.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia recorded a 1% year-on-year increase in hiring activity, with the FIT index rising from 82 in November 2023 to 83 in November 2024. However, hiring demand saw a 7% month-on-month decline, reflecting seasonal adjustments. Over the past six months, hiring dipped by 3%, but long-term optimism persists due to robust labor market dynamics fueled [&hellip;]<\/p>\n","protected":false},"author":7,"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-44914","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\/44914","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\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/comments?post=44914"}],"version-history":[{"count":4,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/44914\/revisions"}],"predecessor-version":[{"id":44921,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/posts\/44914\/revisions\/44921"}],"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=44914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/categories?post=44914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.foundit.my\/career-advice\/wp-json\/wp\/v2\/tags?post=44914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}