Quoting the Monster Employment Index (MEI), The Malaysian Reserve said the O&G sector had recorded a 34% increase YoY in August while software, hardware and telecom roles reported a 23% growth YoY.
However, the report noted that the latter was still a 33% decline from the 56% YoY growth recorded in July.
The retail sector meanwhile recorded a drop of 36% YoY while online hiring in customer service roles reported a 57% decline YoY.
According to the report, hiring data for July remained unchanged compared to the same period last year.
MEI is a monthly analysis of online job hiring activity monitored by Monster.com, which records industries and occupations that show the highest and lowest demand.
Monster.com managing director Sanjay Modi was quoted as saying that the job market was expected to remain mostly stable for the rest of the year, despite the dip in online hiring.
“While talent shortage persists, the lack of relevant and in-demand skill sets is also a huge concern among employers, as well as fresh graduates, in Malaysia. Constant upskilling is the key,” he said in the report.