Business

Online job vacancies drop 5.9% in Q3 2022: Stats Dept

Nearly half of openings for professionals, says chief statistician

Updated 3 years ago · Published on 22 Dec 2022 4:33PM

Online job vacancies drop 5.9% in Q3 2022: Stats Dept
The Statistics Department’s Chief Statistician Datuk Seri Mohd Uzir Mahidin says businesses might currently be facing tight budgets due to inflation, which hampers their search for qualified employees. – Pixabay pic, December 22, 2022

PUTRAJAYA – Job vacancies advertised online in the country registered a slight decrease of 5.9% in the third quarter of 2022 (Q3 2022) to record 190,170 vacancies compared to 202,102 posted in the previous quarter (Q2 2022).

Chief Statistician Datuk Seri Mohd Uzir Mahidin said that job openings also recorded a decline in year-on-year growth of 1.2%.

In a statement in conjunction with the release of Big Data Analytics Job Market Insights: Job Vacancies Advertised Online in Malaysia for Q3 2022 released today, he said that for job vacancies advertised online by occupation category, professionals comprised the largest share with 46.1% or 87,587 vacancies.

“This was followed by 18.1% (34,434) in the category of technicians and associate professionals while managers accounted for 12.8% (24,417),” he said.

In terms of vacancies by overall economic sector, the majority of jobs advertised online were concentrated in the services sector, comprising 67.6% or 128,575 vacancies.

He added that further analysis by economic activity showed most jobs advertised online were in the wholesale and retail trade, as well as the repair of motor vehicles and motorcycles, at 23.7% (45,150),

This is followed by manufacturing activities (21.5% or 40,903); professional, scientific, and technical activities (21,150); and accommodation and food service activities (13,161).

Commenting on the jobs advertised by state, he said all states posted a decline in vacancies during the reference period except for Labuan.

However, Kuala Lumpur recorded the highest number of job vacancies with 79,183 openings, followed by Selangor (27,424), Johor (14,815), and Penang (6,340).

He also noted that there were several circumstances that may influence hiring activities, such as employers still being selective in hiring new employees to fill up critical roles. 

Businesses may also face challenges finding qualified employees due to tight budgets as inflation bites, he concluded. – Bernama, December 22, 2022

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