The number of active job postings in the Global Chemicals Sector decreased by 12% MoM, and decreased by 21.79% since October 2023, reaching 29,185 active job postings in January 2024.
A total of 8,673 new jobs were posted in January 2024, witnessing a decrease of 3.93% as compared to the previous month. On the other hand, 12,652 jobs were closed in the same month implying that companies took out 18.71% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 30.63% and the number of jobs closed decreased by 10.55%
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 11.48%, the number of active job postings observed a negative growth rate of 7.87% and the number of jobs closed observed a negative growth rate of 3.65%. Between October 2023 and January 2024, the average number of jobs posted stood at 10,417, number of jobs closed stood at 12,861 and number of active jobs stood at 33,615.
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