job demand and supply - universiti teknologi malaysia...• trend of job posting usually picks up...

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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


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


Job Market Update 2016

4


An average of 20,000 jobs monthly

Last updated: 13 July 2016

5


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


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


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


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


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.


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


Top 10 Specialization for Job Posting


11

Accounting & Finance

19%

Sales & Marketing18%

Engineering12%

Admin & HR11%

Computer & IT9%

Services8%

Manufacturing7%

Arts, Media & Comm

3%

Building & Construction

2%

Hospitality & F&B2%


12

Accounting &Finance

Sales & Marketing Engineering Admin & HR Computer & IT Services Manufacturing Arts, Media &Comm

Building &Construction


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


Top 20 Sub Specialization (Detailed)


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


Candidate Fact Sheet

16


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


Fresh Graduate

18



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%


21

Top Fresh Graduate Jobs Growth by Specialization

• Overall demand for fresh graduates dropped except for Sales & Marketing and Building & construction

graduates


Accounting &Finance

Sales &Marketing

Engineering Admin & HR Computer & IT Services Manufacturing Arts, Media &Comm

Building &Construction


-6%

14%

-13%

-9%

-6%

-6%

-11%

-10% 3%



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


Average Applications per Job Ad for Fresh Graduate vs Job Growth


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


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


Top 20 Companies Offering Fresh Grad Jobs



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)


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


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


Fresh Graduate Average Salary by Job Specialization


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


Internship

32


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


Top 20 Companies Offering Internship Jobs



Source : JobStreet.com Employer perception of Fresh Graduate survey

Employer Perception on Fresh Graduate

35


Source : JobStreet.com Employer perception of Fresh Graduate survey

Employer Perception on Fresh Graduate

36


Thank you

37

job demand and supply - universiti teknologi malaysia...• trend of job posting usually picks up...

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