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Malaysia: Job Trends in the Technology and Communications Sector (October 2023 - January 2024)

  • The number of active job postings in the Technology and Communications sector of Malaysia decreased by 13.74% MoM, and decreased by 13.61% since October 2023, reaching 4,622 active job postings in January 2024.

  • A total of 1,323 new jobs were posted in January 2024, witnessing an increase of 4.09% as compared to the previous month. On the other hand, 2,059 jobs were closed in the same month implying that companies took out 35.37% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 32.71% and the number of jobs closed increased by 56.7%

  • In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new jobs posted observed a negative growth rate of 12.37%, the number of active job postings observed a negative growth rate of 4.76% and the number of jobs closed observed a growth rate of 16.15%. Between October 2023 and January 2024, the average number of jobs posted stood at 1,551, number of jobs closed stood at 1,570 and number of active jobs stood at 5,234.

Malaysia: Job Trends in the Technology and Communications Sector (October 2023 - January 2024)

Published: September 2022
Source: GlobalData

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