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Thursday, November 30, 2023

Job vacancies posted online surge 23.5% in Q2 2023


Most of the job advertisements posted online in the second quarter of the year were in May, with 109,262 vacancies. (Rawpixel pic)

KUALA LUMPUR: The number of job vacancies advertised online surged 23.5% in the second quarter of 2023 (Q2 2023) to 261,231 vacancies, from 211,509 vacancies recorded in the first quarter (Q1 2023), Chief Statistician Uzir Mahidin says.

He said according to the Big Data Analytics Job Market Insights and My Job Profile: Job Vacancies Advertised Online in Malaysia released by the statistics department today, Q2 2023 saw 70,571 establishments offering job vacancies, a notable increase from 55,006 establishments in the preceding quarter.

“In the meantime, job vacancies registered a year-on-year increase of 29.3% in Q2 2023 compared with a 32.9% annual rise in Q1 2023.

“Further disaggregated by month, most of the advertisements were posted in May with 109,262 vacancies. Additionally, there were 103,826 and 48,143 vacancies in June and April, respectively,” he said in a statement.

Uzir said in terms of the distribution of job vacancies by occupation, professionals accounted for the largest share during Q2 2023 with 48.1% or 125,625 vacancies, followed by technicians and associate professionals (18.3%), managers (15.1%) and service and sales workers (6.9%).

“The most in-demand jobs during the quarter were advertising and marketing professionals (20,846 vacancies), managing directors and chief executives (12,703), administrative associate professionals (12,284), accountants and auditors (10,781), and software developers (7,779),” he said.

As for job vacancies by economic sector, Uzir said services formed the largest percentage share of job vacancies advertised online at 59.0%, registering a total of 154,134 vacancies in Q2 2023.

“All economic activities recorded increases in the number of job vacancies in Q2 2023 except for the arts, entertainment and recreation; mining and quarrying; other service activities; electricity, gas, steam, air conditioning, and water supply; sewerage; and waste management and remediation activities,” he said.

Uzir said it was also observed that wholesale and retail trade dominated vacancies at 18.2% or 47,597 jobs, while manufacturing recorded a total of 27,429 vacancies (10.5%), followed by professional, scientific and technical activities at 18,667 vacancies (7.1%) and financial and insurance/takaful activities at 18,665 vacancies (7.1%).

He said from the perspective of popular jobs offered in the technical and vocational education and training category, advertising and marketing professionals registered the highest number with 20,846 vacancies.

Meanwhile, he said the top three positions in the science, technology, engineering and mathematics category were technicians (2,758), project managers (2,171), and software engineers (2,098).

“As for the critical occupation list, the highest demand was for advertising and marketing professionals (20,846), managing directors and chief executives (12,703), and accountants and auditors (10,781),” he said. - FMT

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