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Egypt: Job Trends (October 2023 - January 2024)

  • The number of active job postings in Egypt decreased by 10.56% MoM, and decreased by 8.6% since October 2023, reaching 3,251 active job postings in January 2024.

  • A total of 984 new jobs were posted in January 2024, witnessing a decrease of 19.48% as compared to the previous month. On the other hand, 1,368 jobs were closed in the same month implying that companies took out 17.53% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 28.02% and the number of jobs closed increased by 1.11%

  • 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 10.38%, the number of active job postings observed a negative growth rate of 2.95% and the number of jobs closed observed a growth rate of 0.37%. Between October 2023 and January 2024, the average number of jobs posted stood at 1,210, number of jobs closed stood at 1,283 and number of active jobs stood at 3,505.

Egypt: Job Trends (October 2023 - January 2024)

Published: September 2022
Source: GlobalData

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