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United Kingdom: Job Trends in the Oil and Gas Sector (October 2023 - January 2024)

  • The number of active job postings in the Oil and Gas sector of United Kingdom decreased by 3.17% MoM, and decreased by 34.44% since October 2023, reaching 1,652 active job postings in January 2024.

  • A total of 308 new jobs were posted in January 2024, witnessing a decrease of 59.79% as compared to the previous month. On the other hand, 362 jobs were closed in the same month implying that companies took out 67.76% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 66.3% and the number of jobs closed decreased by 59%

  • 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 30.41%, the number of active job postings observed a negative growth rate of 13.13% and the number of jobs closed observed a negative growth rate of 25.71%. Between October 2023 and January 2024, the average number of jobs posted stood at 701, number of jobs closed stood at 910 and number of active jobs stood at 1,985.

United Kingdom: Job Trends in the Oil and Gas Sector (October 2023 - January 2024)

Published: September 2022
Source: GlobalData

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