Tuesday, April 21, 2015

Jobstreet job survey is good information.

From the Edge:

KUALA LUMPUR (Apr 21): A 2Q2015 job outlook survey by JobStreet.com has revealed that employers expect a downtrend in job growth.
In a statement today, JobStreet said the survey was conducted on 930 human resource personnel, managers and senior managers from 21 different industries and various company sizes.
It said the majority of employers at 41% had made known that they would be hiring less for the second half of 2015, an alarming 27% increase compared to 14% in 2014.
It added that the latest JobStreet.com Employee Confidence Index (JECI) survey for the month of April also showed a drop in confidence amongst candidates in securing a decent job in Malaysia from 49 point last year to 43 point.
The company said despite the unfavorable predictions and sentiments, the job level was still high with an average of over 20,000 job openings on the JobStreet.com.

The Jobstreet job outlook survey is good and is somewhat forward looking.  But limitations are prevalent in that it is only an outlook and survey.  Surveys and outlooks sometimes don't pan out due to any number of factors, especially when it comes to uncertain times such as one we are in now.

I personally would like to see Jobstreet use its data and reach to publish monthly job hire numbers.  This would be more relevant, and Malaysia sorely needs this as the country's economic numbers are generally lacking and lagging.

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