The number of active job postings in the Consumer Packaged Goods sector of Australia decreased by 8.48% MoM, and decreased by 36.1% since October 2023, reaching 1,975 active job postings in January 2024.
A total of 858 new jobs were posted in January 2024, witnessing an increase of 36.84% as compared to the previous month. On the other hand, 1,041 jobs were closed in the same month implying that companies took out 6.22% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 16.7% and the number of jobs closed decreased by 13.25%
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 5.91%, the number of active job postings observed a negative growth rate of 13.87% and the number of jobs closed observed a negative growth rate of 4.63%. Between October 2023 and January 2024, the average number of jobs posted stood at 912, number of jobs closed stood at 1,234 and number of active jobs stood at 2,466.
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