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Luxembourg: Job Trends in the Financial Services Sector (October 2023 - January 2024)

Industry: Financial Services
Current: Other Industry Indicators

The number of active job postings in the Financial Services sector of Luxembourg decreased by 26.84% MoM, and decreased by 32.2% since October 2023, reaching 695 active job postings in January 2024.
A total of 165 new jobs were posted in January 2024, witnessing a decrease of 35.29% as compared to the previous month. On the other hand, 420 jobs were closed in the same month implying that companies took out 59.09% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 26.01% and the number of jobs closed increased by 130.77%
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 9.55%, the number of active job postings observed a negative growth rate of 12.15% and the number of jobs closed observed a growth rate of 32.15%. Between October 2023 and January 2024, the average number of jobs posted stood at 219, number of jobs closed stood at 291 and number of active jobs stood at 907.