Monday, May 25, 2015

Malaysia's Employment Index??!!

We do not quite have a proper unemployment index ... because our safety nets are almost non-existent (except for relatively cheap public health care, but got to wait la). When a country has some sort of unemployment benefits, we can then keep better track of the real unemployment figure. Hence it was "good" to receive this email. It is at best an indicative figure, but better than nothing.


Dear all, one of the largest online employment sites globally, today announced the release of the first ever Monster Employment Index (MEI) in Malaysia, reporting an overall decline by 23% in online employment activities across the country.

Based on real-time review of millions of job opportunities culled from a large representative of career websites and online job listings across Malaysia, the MEI tracks the growth of online recruitment in Malaysia, including results from across industries and occupations.

Interestingly, the Banking, Financial Services and Insurance industry experienced the most growth in online recruitment with 12% year-on-year growth.

Other notable results from the report include: 
- Online hiring activity has increased since March 2015 despite the year-on-year drop
- The Advertising, Market Research, Public Relations, Media and Entertainment industry experienced the least growth 
HR & Admin job roles experienced the lowest growth 
- While job roles overall have not seen any increase in online recruitment activities, the Finance & Accounts roles saw the least decline 

More information about the MEI and results for other occupations and industries can be found in the press release and infographic attached. 

Sanjay Modi, MD for India, Middle East, Southeast Asia and Hong Kong, is available for comment today. Please don't hesitate to get in touch if you would like to discuss any of these statistics and trends.

Thank you.

Best regards,
Jazmyne GweeMutant Communications

+65 8198 8214
A 20B Gemmill Lane, Singapore 069256

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