The number of active job postings in South Korea decreased by 10.58% MoM, and decreased by 4.02% since October 2023, reaching 5,891 active job postings in January 2024.
A total of 1,704 new jobs were posted in January 2024, witnessing a decrease of 18.82% as compared to the previous month. On the other hand, 2,401 jobs were closed in the same month implying that companies took out 24.15% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 0.23% and the number of jobs closed increased by 41.48%
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 0.08%, the number of active job postings observed a negative growth rate of 1.36% and the number of jobs closed observed a growth rate of 12.26%. Between October 2023 and January 2024, the average number of jobs posted stood at 1,972, number of jobs closed stood at 2,031 and number of active jobs stood at 6,260.
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