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

Industry: Banking and Payments
Current: Other Industry Indicators

The number of active job postings in the Banking and Payments sector of Indonesia decreased by 13.58% MoM, and decreased by 17.48% since October 2023, reaching 1,718 active job postings in January 2024.
A total of 731 new jobs were posted in January 2024, witnessing an increase of 99.73% as compared to the previous month. On the other hand, 1,001 jobs were closed in the same month implying that companies took out 137.2% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted increased by 14.94% and the number of jobs closed increased by 45.49%
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new jobs posted observed a growth rate of 4.75%, the number of active job postings observed a negative growth rate of 6.2% and the number of jobs closed observed a growth rate of 13.31%. Between October 2023 and January 2024, the average number of jobs posted stood at 578, number of jobs closed stood at 682 and number of active jobs stood at 1,958.