The number of active job postings in the Automotive sector of Australia increased by 6.89% MoM, and decreased by 9.23% since October 2023, reaching 993 active job postings in January 2024.
A total of 390 new jobs were posted in January 2024, witnessing an increase of 20.37% as compared to the previous month. On the other hand, 326 jobs were closed in the same month implying that companies took out 31.45% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 46.58% and the number of jobs closed decreased by 62.09%
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new jobs posted observed a negative growth rate of 18.86%, the number of active job postings observed a negative growth rate of 3.18% and the number of jobs closed observed a negative growth rate of 27.63%. Between October 2023 and January 2024, the average number of jobs posted stood at 436, number of jobs closed stood at 494 and number of active jobs stood at 967.
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