The Department of Statistics Malaysia (DOSM) has presented the labour demand statistics based on the Quarterly Employment Survey. The survey was conducted on formal private sector establishments encompassing major economic activities namely Agriculture, Mining & Quarrying, Manufacturing, Construction, and Services.
In Q3 2020, total jobs in the private sector dropped by 181, 000 to 8.471 million jobs as compared to 8.652 million in the same quarter of the preceding year. The rate of filled jobs was 97.9 percent whereas the rate of vacancies declined by 0.2 percentage points to 2.1 percent as against Q3 2019.
Based on the labour demand by skill, the number of jobs decreased by 50, 000 to 2.067 million as compared to 2.117 million in Q3 2019. Nevertheless, the rate of filled jobs for this category increased by 0.5 percentage to 2.026 million compared to 2.065 million in Q3 2019.
In Q3 2020, a total of 62.3 percent (5.279 million) jobs were concentrated in semi-skilled category jobs and it comprises of filled jobs (98.1 percent), and vacancies (1.9 percent). Jobs created in this category were recorded at 13, 000.
Meanwhile, low-skilled jobs dropped 14, 000 year-on-year to 1.125 million jobs in this quarter with filled jobs (96.6 percent) and vacancies (3.4 percent).
As for labour demand by economic activity, the largest share of jobs and filled jobs were in the Services sector with 51.7 percent and 52.4 percent respectively. In the meantime, filled jobs in the Manufacturing sector comprised 26 percent, whereas jobs recorded were at 26.6 percent.
On the other hand, vacancies were largely in the Manufacturing sector with a share of 56 percent, followed by Agriculture (16.8 percent) and Services (15.5 percent).
Vacancies in the Construction and Mining & Quarrying sector was 11.5 percent and 0.2 percent respectively. Plus, 42.9 percent of jobs were created in the Manufacturing sector.