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United Kingdom: Job Trends in the Automotive Sector (October 2023 - January 2024)

  • The number of active job postings in the Automotive sector of United Kingdom decreased by 2.24% MoM, and decreased by 26.05% since October 2023, reaching 3,708 active job postings in January 2024.

  • A total of 1,259 new jobs were posted in January 2024, witnessing a decrease of 26.93% as compared to the previous month. On the other hand, 1,344 jobs were closed in the same month implying that companies took out 50.84% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 55.07% and the number of jobs closed decreased by 48.78%

  • 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 23.41%, the number of active job postings observed a negative growth rate of 9.57% and the number of jobs closed observed a negative growth rate of 19.99%. Between October 2023 and January 2024, the average number of jobs posted stood at 2,038, number of jobs closed stood at 2,320 and number of active jobs stood at 4,329.

United Kingdom: Job Trends in the Automotive Sector (October 2023 - January 2024)

Published: September 2022
Source: GlobalData

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