The number of active job postings in the Government and Non-Profit Organisations sector of United States decreased by 8.41% MoM, and decreased by 26.71% since October 2023, reaching 85,690 active job postings in January 2024.
A total of 16,186 new jobs were posted in January 2024, witnessing a decrease of 39.13% as compared to the previous month. On the other hand, 24,056 jobs were closed in the same month implying that companies took out 46.2% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 53.93% and the number of jobs closed decreased by 20.38%
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 22.77%, the number of active job postings observed a negative growth rate of 9.84% and the number of jobs closed observed a negative growth rate of 7.32%. Between October 2023 and January 2024, the average number of jobs posted stood at 27,980, number of jobs closed stood at 34,558 and number of active jobs stood at 101,964.
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