job demand and supply - universiti teknologi malaysia...• trend of job posting usually picks up...
Post on 09-Feb-2020
1 Views
Preview:
TRANSCRIPT
} {Connecting Businesses
With talent
SINGAPORE • MALAYSIA • PHILIPPINES • INDONESIA • VIETNAM
Job Demand and Supplypresented by
Christine ChongSolutions Manager of JobStreet.com Malaysia
July 2016
Copyright © by JobStreet.com
SEEK ASIA
Confidential
Copyright © by JobStreet.com
JobStreet.com Malaysia
Over 3 MillionTotal registration
Over 80kEmployers
Over 7 MillionVisits
Over 2.4 MillionTotal unique visitors
Over 64 MillionTotal page views
26Page viewsPer unique visitor
Over 11min
Time spentPer unique visitor
Source : JobStreet.com statistics as of June 20163
Copyright © by JobStreet.com
Job Market Update 2016
4
Copyright © by JobStreet.com
An average of 20,000 jobs monthly
Last updated: 13 July 2016
5
Copyright © by JobStreet.com
Source: JobStreet.com Q2 Job Market Outlook Survey
Q2 2016 Job Market Outlook Survey
46% of the employers said that their businesses have been taking
a hit in the past few months
46%
54%
6
Copyright © by JobStreet.com
Source: JobStreet.com Q2 Job Market Outlook Survey
Q2 2016 Job Market Outlook Survey
The contributing factors
8%
9%
11%
16%
32%
0% 5% 10% 15% 20% 25% 30% 35%
Political Issues
Economy
Low oil prices
Inflation
Weak Ringgit
7
Copyright © by JobStreet.com
0
0.5
1
1.5
2
2.5
3
3.5
4
0.0
10.0
20.0
30.0
40.0
50.0
60.0
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
July 2015 - June 2016 (JECI) July 2014 - June 2015 (JECI)
July 2015 - June 2016 (Unemployment) July 2014 - June 2015 (Unemployment)
JobStreet.com Employee Confidence Index vs Malaysia Unemployment Rate
Unem
plo
yment R
ate
(%)
JobS
treet.com
Em
plo
yee C
onfidence Index (
%)
• Candidate’s confidence in finding a job has also seen a drop of 17% this year versus last year
• This negative sentiment also correlates to the Malaysian unemployment rate as well which
increased by 14%
Source :
Unemployment rate : Department of statistics Malaysia, JobStreet.com
Employment Confidence Index (JECI) : JobStreet.com statistics8
Copyright © by JobStreet.com
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
July 2015 – June 2016 vs July 2014 – June 2015
July 2015 - June 2016 July 2014 - June 2015
• Trend of job posting usually picks up after Chinese New Year and bonus payout
• There is a downward trend (decrease of 5%) for the number of job posted versus the same
period last year
Source : JobStreet.com statistics
JobStreet.com Job Posting Trend
2016
2015
9
Copyright © by JobStreet.com
Top 10 Industries by number of Job Posting
• Manufacturing industry still leads and remains strong, despite a marginal decrease of 7%
compared to last year.
• Banking & Financial Services has declined by 21% compared to same period last year.
Source : JobStreet.com statistics
10
Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16
1. Manufacturing / Production 2. Banking / Financial Services
3. Construction / Building / Engineering 4. Retail / Merchandise
5. Computer / Information Technology (Software) 6. Electrical & Electronics
7. Property / Real Estate 8. Telecommunication
9. Healthcare / Medical 10. Education
Jun-16
Copyright © by JobStreet.com
Top 10 Specialization for Job Posting
Source : JobStreet.com statistics
11
Accounting & Finance
19%
Sales & Marketing18%
Engineering12%
Admin & HR11%
Computer & IT9%
Services8%
Manufacturing7%
Arts, Media & Comm
3%
Building & Construction
2%
Hospitality & F&B2%
Copyright © by JobStreet.com
12
Accounting &Finance
Sales & Marketing Engineering Admin & HR Computer & IT Services Manufacturing Arts, Media &Comm
Building &Construction
July 2015 - June 2016 July 2014 - June 2015
Top Specialization by number of Job Posting (group performance)
• There is a decrease in demand for all the top specialization
• A double digit drop for Engineering, Admin& HR and Accounting & Finance specialization
-10%
-1%
-10% -12%
-1%
-4%
-4%-10%
similar
Copyright © by JobStreet.com
Top 20 Sub Specialization (Detailed)
Source : JobStreet.com statistics
13
Job Ranking Average Application per Job
• Although IT/Computer-Software in the Top 5 Job Ranking, however it has the least average
candidate applications.
Finance - General/Cost Accounting
Marketing/Business Development
IT/Computer - Software
Banking/Financial Services
Human Resources
Sales - Corporate
Sales - Retail/General
IT/Computer - Network/System/Database Admin
Customer Service
Engineering - Civil/Construction/Structural
Manufacturing/Production Operations
Purchasing/Inventory/Material & Warehouse Management
Engineering - Mechanical/Automotive
Engineering - Electrical
Logistics/Supply Chain
Finance - Audit/Taxation
Sales - Engineering/Technical/IT
Engineering - Electronics/Communication
Quality Control/Assurance
Arts/Creative/Graphics Design
Copyright © by JobStreet.com
Candidate Fact Sheet
16
Copyright © by JobStreet.com
Over 3 MillionTotal registration
Top 10 Specialization of Registered Candidates
Education Years of Experience
2%
3%
4%
5%
6%
6%
8%
8%
8%
9%
0% 1% 2% 3% 4% 5% 6% 7% 8% 9% 10%
Hotel / Restaurant
Education / Training
Building / Construction
Computer / IT
Manufacturing
Services
Sales / Marketing
Engineering
Admin / HR
Accounting / Finance
77%
16%
7%
17
Copyright © by JobStreet.com
Fresh Graduate
18
Copyright © by JobStreet.com
Source : JobStreet.com statistics
Number of fresh graduate jobs against top specialization
• Overall job demand dropped due to the current economy situation
• Specializations that has high demand for fresh graduates
• Admin & HR : 16%
• Services : 15%
• Sales & Marketing : 12% 20
Building & Construction
Arts, Media & Comm
Manufacturing
Services
Computer & IT
Admin & HR
Engineering
Sales & Marketing
Accounting & Finance
No of Jobs No of Fresh Graduate Jobs
8%
8%
9%
12%
11%
10%
8%
15%
16%
Copyright © by JobStreet.com
21
Top Fresh Graduate Jobs Growth by Specialization
• Overall demand for fresh graduates dropped except for Sales & Marketing and Building & construction
graduates
Source : JobStreet.com statistics
Accounting &Finance
Sales &Marketing
Engineering Admin & HR Computer & IT Services Manufacturing Arts, Media &Comm
Building &Construction
July 2015 - June 2016 July 2014 - June 2015
-6%
14%
-13%
-9%
-6%
-6%
-11%
-10% 3%
Copyright © by JobStreet.com
Source : JobStreet.com statistics
Average Applications per Job Ad for Fresh Graduate
• The average application ratio per job ad is 158
• Building & construction received the lowest application at an average of 41 per job ad
• Only Admin & HR received application above average (164)
0
50
100
150
200
250
0
50
100
150
200
250
1 2 3 4 5 6 7 8 9 10 11 12
Accounting & Finance Admin & HR Arts, Media & Comm
Building & Construction Computer & IT Total Job Application Ratio
Total Job Application Ratio
25
Copyright © by JobStreet.com
Average Applications per Job Ad for Fresh Graduate vs Job Growth
Source : JobStreet.com statistics
Job P
erfo
rmance (G
row
th b
y %
)A
vera
ge A
pplic
atio
ns
• Healtcare Doctor/Diagnosis sees some growth however the average applications remained the lowest.
• Specialization that is align with growth and average applications:
• Aviation/Aircraft Maintennace
• Actuarial Science/Statistics
• Social & Counselling Service 26
0%
20%
40%
60%
80%
100%
120%
140%
160%
0
50
100
150
200
250
300
350
400
Copyright © by JobStreet.com
Top 20 specialization with lowest application rate
Source : JobStreet.com statistics27
Rank Specialization
1 Healthcare - Doctor/Diagnosis
2
Personal Care/Beauty/Fitness Service
3Finance - Audit/Taxation
4
Sales - Engineering/Technical/IT
5 IT/Computer – Software
6 Architecture/Interior Design
7Sales - Telesales/Telemarketing
8Sales – Corporate
9Arts/Creative/Graphics Design
10 Quantity Surveying
Rank Specialization
11Law/Legal Services
12
Sales - Retail/General
13Marketing/Business Development
14
Publishing/Printing
15 Technical & Helpdesk Support
16 Merchandising
17Advertising/Media Planning
18 Finance - Corporate
Finance/Investment/Merchant Banking
19Healthcare - Pharmacy
20Corporate Strategy/Top Management
Copyright © by JobStreet.com
Top 20 Companies Offering Fresh Grad Jobs
Source : JobStreet.com statistics28
Copyright © by JobStreet.com
Top 10 Field of Study (Highest %)
• Malaysian graduates (2014-2016) that work in similar specialization with their field of study
• Field of study that has highest % to similar work specialization (>75%)
• Quantity Survey
• Nursing
• Engineering (Mechanical)
Source : JobStreet.com statistics
66%
68%
70%
72%
74%
76%
78%
80%
82%
84%
86%
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
20,000
Candidate Field of Study Percentage Who Worked To Their Field of Study
To
tal C
andid
ate
s b
y F
ield
of
Stu
dy
%W
ho W
ork
ed in
Th
eir F
ield
of S
tudy
29
Copyright © by JobStreet.com
Top 10 Field of Study (Lowest %)
• Malaysian graduates (2014-2016) that work in a diffferent specialization from their field of study
• Field of study that has lowest % to similar work specialization (<30%)
• Political Science
• Humanities/Liberal Art
• Science & Technology
0%
5%
10%
15%
20%
25%
30%
35%
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
Candidate Field of Study Percentage Who Worked To Their Field of Study
To
tal C
andid
ate
s b
y F
ield
of
Stu
dy
%W
ho W
ork
ed in
Th
eir F
ield
of S
tudy
30
Copyright © by JobStreet.com
Fresh Graduate Average Salary by Job Specialization
Source : JobStreet.com statistics
Specialization Average Salary
Computer / IT MYR 2,795
Building / Construction MYR 2,616
Engineering MYR 2,501
Sales / Marketing MYR 2,458
Arts / Media / Communications MYR 2,297
Accounting / Finance MYR 2,230
Healthcare MYR 2,219
Services MYR 2,197
Sciences MYR 2,162
Education MYR 2,101
Manufacturing/Production Operations MYR 2,008
Admin / HR MYR 1,888
Hotel / Restaurant MYR 1,820 31
Copyright © by JobStreet.com
Internship
32
Copyright © by JobStreet.com
Top 20 Internship Jobs by Specialization
• Overall Internship jobs has increase by 26%
• Specializations that has high demand for internship
• Human Resources : 14%
• IT/Computer-Software : 9%
• Marketing and Business Development : 9%Source : JobStreet.com statistics
33
0
50
100
150
200
250
0
20
40
60
80
100
120
Chart Title
Jul14-Jun15 Jobs Jul15-Jun16 Jobs Total Jobs
Copyright © by JobStreet.com
Top 20 Companies Offering Internship Jobs
Source : JobStreet.com statistics34
Copyright © by JobStreet.com
Source : JobStreet.com Employer perception of Fresh Graduate survey
Employer Perception on Fresh Graduate
35
Copyright © by JobStreet.com
Source : JobStreet.com Employer perception of Fresh Graduate survey
Employer Perception on Fresh Graduate
36
Copyright © by JobStreet.com
Thank you
37
top related