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Saudi Arabia: Job Trends (October 2023 - January 2024)

  • The number of active job postings in Saudi Arabia decreased by 19.39% MoM, and decreased by 18.8% since October 2023, reaching 5,327 active job postings in January 2024.

  • A total of 1,925 new jobs were posted in January 2024, witnessing a decrease of 10.3% as compared to the previous month. On the other hand, 3,206 jobs were closed in the same month implying that companies took out 29.96% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 22.91% and the number of jobs closed increased by 49.46%

  • 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 8.31%, the number of active job postings observed a negative growth rate of 6.7% and the number of jobs closed observed a growth rate of 14.33%. Between October 2023 and January 2024, the average number of jobs posted stood at 2,350, number of jobs closed stood at 2,571 and number of active jobs stood at 6,356.

Saudi Arabia: Job Trends (October 2023 - January 2024)

Published: September 2022
Source: GlobalData

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