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Singapore: Job Trends in the Pharmaceuticals and Healthcare Sector (October 2023 - January 2024)

Industry: Pharmaceuticals and Healthcare
Current: Other Industry Indicators

The number of active job postings in the Pharmaceuticals and Healthcare sector of Singapore decreased by 4.63% MoM, and increased by 22.47% since October 2023, reaching 763 active job postings in January 2024.
A total of 310 new jobs were posted in January 2024, witnessing an increase of 48.33% as compared to the previous month. On the other hand, 347 jobs were closed in the same month implying that companies took out 74.37% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted increased by 59.79% and the number of jobs closed increased by 42.8%
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new jobs posted observed a growth rate of 16.91%, the number of active job postings observed a growth rate of 6.99% and the number of jobs closed observed a growth rate of 12.61%. Between October 2023 and January 2024, the average number of jobs posted stood at 272, number of jobs closed stood at 249 and number of active jobs stood at 744.