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Mexico: 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 Mexico decreased by 17.38% MoM, and decreased by 31.58% since October 2023, reaching 2,572 active job postings in January 2024.
A total of 1,346 new jobs were posted in January 2024, witnessing an increase of 11.7% as compared to the previous month. On the other hand, 1,887 jobs were closed in the same month implying that companies took out 4.6% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 47.91% and the number of jobs closed increased by 1.83%
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 19.54%, the number of active job postings observed a negative growth rate of 11.88% and the number of jobs closed observed a growth rate of 0.61%. Between October 2023 and January 2024, the average number of jobs posted stood at 1,748, number of jobs closed stood at 1,862 and number of active jobs stood at 3,289.