Jobs in Malaysia Increased by 2.4% for Q2 of 2023, Says DOSM
by: The Beat Asia
August 15, 2023
Malaysia is seeing a rise in labour demands, as the Department of Statistics Malaysia (DOSM) reported a 2.4% increase in the number of jobs in the country during the second quarter of 2023, which amounts to about 8.83 million jobs.
The report is based on an employment survey conducted with registered private businesses. According to a press statement, all economic sectors in the country grew year-on-year. Leading the pack are the mining and quarrying sectors, with a growth rate of 3.6%, followed by manufacturing and agriculture at 3.1% and 3%, respectively.
Meanwhile, the services sector was the largest contributor when it comes to job distribution by economic activity, with a total of 4.55 million filled jobs. The manufacturing sector came in second with 2.32 million filled jobs, while construction ranked third with 1.24 million filled jobs.
On the other hand, the number of job openings saw a downward trend, with a 1,700 difference from last year’s. About 56.9% of these vacancies were in the manufacturing sector, while agriculture accounted for 16.3% and the services sector registered 14.1%.
Employment opportunities in the country also rose in the second quarter, with a total of 31,900 new jobs generated to cater to the demands of Malaysia’s recovering economy.
"Overall, labour demand in the economic sector in this quarter continued to show a positive trend despite global recession risks, leading to an increase in job opportunities and reinforcing the strength of Malaysia's labour market," said Dato' Sri Dr. Mohd Uzir Mahidin, DOSM’s chief statistician.
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