Fashion
Online hiring activity across various industries in Malaysia declined by 12% in October when compared to the same month of last year.
However, the production and manufacturing, automotive and ancillary industries were the only ones to not register a decline with flat growth between October 2015 and 2016.
According to the Monster Employment Index (MEI) by Monster.com, the retail sector continued to record slower growth for online hiring.
It chalked up a 23% year-on-year decline in online hiring activity in October.
Monster.com Asia Pacific and Middle East managing director Sanjay Modi said hiring activity remained sluggish as companies were still very wary of possible economic headwinds brought about by external factors.
“Other companies are watchful of their budget, laying off workers, cutting salaries and reducing costs all around. But, the government is making great efforts to get more foreign direct investments, which will create better job opportunities,” he said in a statement.
The MEI also revealed that the retail sector’s online hiring improved by 3% from a decline of 26% recorded between September 2015 and 2016.
The sector is followed closely by the hospitality industry, which posted a 21% year-on-year decline.
When looking at specific jobs in Malaysia, sales and business development talent continued to witness the strongest year-on-year demand at 20%.
Customer service professionals, on the other hand, fared the worst in online hiring in October, exhibiting a 55% annual decline from the 49% recorded in September.
