Maintaining its place as one of the lowest growth occupations in Malaysia, online hiring for HR & admin roles has dipped slightly compared to the previous month.
According to the latest Monster Employment Index (MEI), HR & admin roles had the third lowest growth among the nine occupations surveyed with a year-on-year growth of -24% in June 2015.
The index measured online job posting activity in the country, as well as the industries and occupations with the highest and lowest growth in recruitment activity.
It highlighted the software, hardware, telecom roles had the lowest growth of -28% in June 2015, while purchase/logistics/supply chain roles grew by -26%.
On the other hand, finance & accounts roles with a growth of -1%, was the top growth occupation this year.
This was closely followed by marketing & communications roles with a growth of -7% and hospitality & travel roles with a growth of -13%.
“Many service industry sectors and occupations are witnessing dramatic declines in online hiring, as seen in the MEI,” said Sanjay Modi, managing director of Monster.com (India, Middle East, Southeast Asia, Hong Kong).
“Malaysia’s manufacturing sector is currently seeing its weakest PMI readings due to poor economic conditions. This will prompt layoffs within companies and online hiring activities will continue to see poor growth in the coming quarter.”
He added that local businesses are still not confident about hiring intentions, due to a continuing struggle of mismatch in the demand for talent and the market supply.
Among industries, the BFSI industry saw the biggest growth of 5%, followed by the hospitality industry with 3% growth and the retail industry with 1% growth.
On the other hand, the IT, telecom/ISP and BPO/ITES industry saw the growth of -22%.
This was followed by the advertising, market research, public relations, media and entertainment industry with a -15% growth and the production/manufacturing, automotive and ancillary industry with a -12% growth.