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South and Central America: Job Trends in the Industrial Goods and Machinery Sector (October 2023 - January 2024)

  • The number of active job postings in the Industrial Goods and Machinery sector of the South and Central America region decreased by 4.69% MoM, and decreased by 3.72% since October 2023, reaching 1,888 active job postings in January 2024.

  • A total of 696 new jobs were posted in January 2024, witnessing a decrease of 7.32% as compared to the previous month. On the other hand, 789 jobs were closed in the same month implying that companies took out 13.2% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 31.9% and the number of jobs closed decreased by 2.83%

  • 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 12.02%, the number of active job postings observed a negative growth rate of 1.26% and the number of jobs closed observed a negative growth rate of 0.95%. Between October 2023 and January 2024, the average number of jobs posted stood at 870, number of jobs closed stood at 836 and number of active jobs stood at 1,992.

South and Central America: Job Trends in the Industrial Goods and Machinery Sector (October 2023 - January 2024)

Published: September 2022
Source: GlobalData

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