The number of active job postings in the Consumer Packaged Goods sector of Malaysia decreased by 5.67% MoM, and decreased by 11.9% since October 2023, reaching 948 active job postings in January 2024.
A total of 273 new jobs were posted in January 2024, witnessing an increase of 4.6% as compared to the previous month. On the other hand, 330 jobs were closed in the same month implying that companies took out 7.84% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 10.78% and the number of jobs closed increased by 22.68%
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 3.73%, the number of active job postings observed a negative growth rate of 4.13% and the number of jobs closed observed a growth rate of 7.05%. Between October 2023 and January 2024, the average number of jobs posted stood at 278, number of jobs closed stood at 301 and number of active jobs stood at 1,019.
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