Malaysia online hiring activity slips for six straight months
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Highlights
1. Malaysia registers an 11% year-on-year decline in online hiring activity in August, marking the sixth consecutive month of negative growth, according to the latest Monster Employment Index (MEI). 2. The Retail and BFSI industry recorded the steepest plunge in online hiring, down -26% and -21%, respectively, in August. 3. Finance and Accounts job roles witnessed six months of annual decline as well, down another -15% in August.
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The Monster Employment Index is a broad and comprehensive monthly analysis of online job posting activity conducted by Monster India. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the Monster Employment Index presents a snapshot of employer online recruitment activity nationwide. Monster has taken due care in compiling and processing the data available from various sources for Monster Employment Index, but does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or action / decision taken or for the results obtained from the use of such information. Monster Employment Index was first launched in India in May 2010 with data collected since October 2009 followed by Gulf in April 2011 with data collected since October 2010; Singapore in May 2014 with data collected since January 2011; Philippines and Malaysia in May 2015 with data collected since February 2014.

August 2018 Index Highlights:

  • Malaysia registers an 11% year-on-year decline in online hiring activity in August, marking the sixth consecutive month of negative growth, according to the latest Monster Employment Index (MEI)
  • The Retail and BFSI industry recorded the steepest plunge in online hiring, down -26% and -21%, respectively, in August
  • Finance and Accounts job roles witnessed six months of annual decline as well, down another -15% in August