The number of active job postings in the Insurance sector of United States decreased by 5.17% MoM, and decreased by 11.22% since October 2023, reaching 37,891 active job postings in January 2024.
A total of 8,659 new jobs were posted in January 2024, witnessing a decrease of 7.74% as compared to the previous month. On the other hand, 10,724 jobs were closed in the same month implying that companies took out 3.79% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 31.05% and the number of jobs closed decreased by 5.26%
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 11.65%, the number of active job postings observed a negative growth rate of 3.89% and the number of jobs closed observed a negative growth rate of 1.78%. Between October 2023 and January 2024, the average number of jobs posted stood at 10,592, number of jobs closed stood at 11,479 and number of active jobs stood at 40,561.
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