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Australia: Job Trends in the Medical Equipment Sector (October 2023 - January 2024)

Industry: Medical Equipment
Current: Other Industry Indicators

The number of active job postings in the Medical Equipment sector of Australia decreased by 5.54% MoM, and decreased by 8.68% since October 2023, reaching 631 active job postings in January 2024.
A total of 400 new jobs were posted in January 2024, witnessing a decrease of 16.67% as compared to the previous month. On the other hand, 437 jobs were closed in the same month implying that companies took out 19.82% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted increased by 38.89% and the number of jobs closed increased by 98.64%
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 11.57%, the number of active job postings observed a negative growth rate of 2.98% and the number of jobs closed observed a growth rate of 25.71%. Between October 2023 and January 2024, the average number of jobs posted stood at 422, number of jobs closed stood at 420 and number of active jobs stood at 680.