The number of active job postings in the Global Pharmaceuticals and Healthcare Sector decreased by 8.41% MoM, and decreased by 17.8% since October 2023, reaching 482,532 active job postings in January 2024.
A total of 115,862 new jobs were posted in January 2024, witnessing a decrease of 10.12% as compared to the previous month. On the other hand, 160,182 jobs were closed in the same month implying that companies took out 8.03% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 28.24% and the number of jobs closed increased by 5.94%
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 10.47%, the number of active job postings observed a negative growth rate of 6.32% and the number of jobs closed observed a growth rate of 1.94%. Between October 2023 and January 2024, the average number of jobs posted stood at 142,232, number of jobs closed stood at 165,787 and number of active jobs stood at 542,126.
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