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India: Social Related Job Trends in the Banking and Payments Sector (October 2023 - January 2024)

Industry: Banking and Payments
Current: Other Industry Indicators

The number of active Social related job postings in the Banking and Payments sector of India decreased by 1.88% MoM, and decreased by 2.19% since October 2023, reaching 3,755 active job postings in January 2024
A total of 977 new Social related jobs were posted in January 2024, witnessing an increase of 6.43% as compared to the previous month. On the other hand, 1,049 Social related jobs were closed in the same month implying that companies took out 20.23% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Social related jobs posted decreased by 0.81% and the number of Social related jobs closed increased by 10.77%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Social related jobs posted observed a negative growth rate of 0.27%, the number of active Social related job postings observed a negative growth rate of 0.73% and the number of Social related jobs closed observed a growth rate of 3.47%. Between October 2023 and January 2024, the average number of Social related jobs posted stood at 987, number of Social related jobs closed stood at 998 and number of active Social related jobs stood at 3,911.