Total employment in Malaysia’s economic sector increased by 73,600 in Q4 21

In addition, 21,000 jobs were created during this quarter, an increase from 17,000 in the fourth quarter of 2020.

In the fourth quarter of 2021, Malaysia saw a growth of 73,600 in total employment in the economic sector, recording a total of 8.531 million. As a year-over-year comparison, the fourth quarter of 2020 saw a total of 8.457 million jobs in the economic sector.

The Department of Statistics Malaysia further observed that there were 8.347 million jobs filled, with a job filling rate of 97.8%. The term “filled jobs,” he noted, refers to paid employees, full-time and part-time, and excludes sole proprietors and business partners.

At the same time, the vacancy rate was 2.2% during the quarter, for a total of 184,000 vacancies (Q4 2020: 176,000).

In addition, 21,000 jobs were created during this quarter, an increase from the 17,000 recorded in the fourth quarter of 2020.

Labor demand by skill

Looking in more detail at labor demand by skill, the number of jobs in the semi-skilled category in Q4 2021 was 5.312 million jobs, with a share of 62.3%. This is followed by the category of skilled jobs, ranking second with 24.7% and registering a total of 2,110 million jobs. Finally, the low-skilled category comprises 13% of jobs (1.109 million jobs).

For the qualified category, the rate of jobs filled was 98% – or 2.067 million – while the rate of vacancies was 2%, representing 42,900 jobs. A total of 6,000 jobs were created in this category in the fourth quarter.

As for the semi-skilled category, the total number of jobs filled stood at 5.209 million, with a rate of 98.1%, while 103,000 jobs were vacant, registering a rate of 1.9%. In total, this category saw 13,400 jobs created during the quarter.

Regarding the category of low-skilled jobs, jobs filled accounted for 96.6% of low-skilled jobs in the fourth quarter of 2021, or 1.071 million jobs filled. At the same time, vacancies were recorded at 38,000, representing a vacancy rate of 3.4%. A total of 1,500 jobs were created in this category in the fourth quarter of last year.

Labor demand by economic activity

Analyzing labor demand by economic activity, the largest composition of jobs and jobs filled was in the service sector with a share of 51.7% (4.413 million) and 52.5% (4.386 million) respectively. Meanwhile, manufacturing jobs accounted for 27.2% (2.321 million) of jobs, while filled jobs accounted for 26.6%, or 2.218 million.

In terms of jobs created, the services sector recorded 8,800 jobs created (41.9%). Next come the manufacturing sector, with a share of 38.3% (8,000), and construction at 13.6% (2,800).


Picture/DOSM

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