The number of active job postings in the Government and Non-Profit Organisations sector of Australia decreased by 2% MoM, and decreased by 26.52% since October 2023, reaching 11,010 active job postings in January 2024.
A total of 930 new jobs were posted in January 2024, witnessing a decrease of 35.19% as compared to the previous month. On the other hand, 1,155 jobs were closed in the same month implying that companies took out 39.21% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 86.9% and the number of jobs closed decreased by 81.04%
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 49.22%, the number of active job postings observed a negative growth rate of 9.76% and the number of jobs closed observed a negative growth rate of 42.56%. Between October 2023 and January 2024, the average number of jobs posted stood at 3,855, number of jobs closed stood at 4,596 and number of active jobs stood at 12,232.
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