JobStreet.com releases data for top hiring industries and demand in Job specializations in Malaysia, and Salary Reports for Top paying Senior Management and Fresh Graduates positions.

JobStreet.com, Asia’s leading online recruitment company, releases the latest recruitment trends based on job specializations and industries which are actively recruiting on its site, www.jobstreet.com. It also publishes the Top Five highest paying Senior Management positions and Top Five highest paying Fresh Graduates positions.

Says Suresh Thiru, Vice President, Operations, JobStreet.com: “JobStreet.com currently has a strong and growing client base both in Malaysia and the region of over 10,000 companies, consisting of many multinationals and small and medium industries. Hence, we are in a good position to track the industries that are actively recruiting and also the top demand in the various job specialisations.”

“Overall, for a six-month period from May to October 2003, the number of jobs on JobStreet.com Malaysia increased by over 40%,” says Suresh Thiru. “This growth in the number of jobs on JobStreet.com clearly espouses the strength in our economic recovery post-Iraq war and SARS,” he adds.

For the next quarter and beyond, Suresh expects the number of jobs on JobStreet.com to continue to record a healthy increase, barring any unforeseen negative influence. Malaysia's economic outlook remained strong, with Prime Minister Dato Seri Abdullah Ahmad Badawi predicting GDP growth of six per cent for 2004. He had also recently announced that the economic growth for 2003 would be 4.5 per cent, up from 4.1 per cent in 2002.

For the six-month period from May to October 2003, the top 10 industries that are hiring are (in descending order according to the number of jobs):

Suresh adds: “The hiring demand from the Manufacturing and Electrical and Electronics industries reflect statistics which are just being released by the government.

“For example, for the third quarter of 2003, the Industrial Production Index rose by 8.5% to 211.9 as against that of 195.3 reported for the corresponding quarter of last year. The increase was in tandem with the expansion of all sectors: 10.6% in the index of the Manufacturing Sector (to 234.6 from that of 212.2); 3.7% in the index of the Electricity Sector (to 245.2 from that of 236.4); and 0.7% in the index of the Mining Sector (to 128.5 from that of 127.6). [Source: Statistics Department of Malaysia]

“We can also observe that this is supported by a vibrant Manufacturing Sector which recorded a sales value worth RM30.51 billion in September 2003, a surge of RM3 billion or 10.9 % over that of RM27.51 billion attained in September last year. [Source: also Statistics Department of Malaysia]”

For the same six-month period, the top 10 job specializations that are in demand by employers are (in descending order according to the number of jobs):

Amongst the industries with the largest movement in terms of volume of jobs for the same period, May to October 2003, are:

Top Five industries which recorded the highest percentage of increase in the number of jobs advertised on JobStreet.com

Suresh said that the growth of the service sectors in Malaysia was reflected in the fastest growing two sectors in terms of the number of jobs - Healthcare and Education.

Top Five industries which recorded the highest percentage of decline in the number of jobs advertised on JobStreet.com

Salary Report

JobStreet.com SALARY REPORT is a user-friendly online salary information tool available to Human Resource professionals in Malaysia. From the salary statistics compiled in JobStreet.com Salary Report this year, we can glean that:

Top Five highest paying Senior Management positions

About JobStreet.com
JobStreet.com, one of Asia’s leading online recruitment companies, operates the popular career site, www.jobstreet.com, with over two million members. JobStreet.com has physical offices based in India, Singapore, Malaysia and the Philippines and a customer base of over 10,000 corporations operating in Asia. In 2001, it won the 2000 Asia-Pacific Multimedia Super Corridor Information Technology & Telecommunications Awards for the Best Software Applications category for its ASP-based SiVA recruitment management application. At the @MY2000 and @MY2001 Malaysia Internet Awards, JobStreet.com was twice named the Internet Company of the Year. JobStreet.com also bagged an award in e50 Singapore organized by Accenture and Business Times and it ranked Top Five among e50 dot.coms in Singapore in 2001. JobStreet.com India has also been chosen as the top job site in India by The Week, India’s number one best selling weekly news magazine. In the Philippines, JobStreet.com won the Webby Judges' and People's Choice Award for the Services category in the prestigious 4th Philippine Web Awards. For more information about JobStreet.com please visit www.jobstreet.com.