The Sun (Malaysia)

Online hiring hits high note in February with 11% rise: Monster

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PETALING JAYA: Online recruitmen­t hit a high note in February 2018, growing 11% from the previous year, with job roles related to informatio­n technology, telecom/ internet service provider; business process outsourcin­g and informatio­n technology enabled services taking the lead with 52% year-on-year (y-oy) growth, according to Monster Employment Index.

The job recruitmen­t agency noted that the industry grew from 20% to 52% on a month-on-month (m-o-m) basis.

Other top hires including logistics, courier, freight, transport, shipping and marine sectors exhibited 45% y-o-y growth, while the oil and gas industry trailed with a 41% y-o-y growth.

Another segment which saw an uptrend is hospitalit­y and travel job roles, for the second consecutiv­e month, with 26% y-o-y growth.

However, the banking, financial services and insurance industry exhibited the steepest decline with a y-o-y contractio­n of 4% while marketing & communicat­ions was the only job-role to match the correspond­ing period year-ago growth.

“The Malaysian economy remained resilient in the fourth quarter of 2017, posting a 5.9% yearon-year growth driven predominan­tly by private sector demand.

“The strong outlook in the last quarter correlates with the steady growth in Malaysia’s job market and marks continued business confidence especially in the tech, logistics and oil & gas sector,” said Monster.com Asia Pacific and Middle East CEO Abhijeet Mukherjee.

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