The number of active job postings in the Oil and Gas sector of the North America region decreased by 14.71% MoM, and decreased by 10.04% since July 2022, reaching 26,283 active job postings in October 2022.
A total of 11,831 new jobs were posted in October 2022, witnessing a decrease of 21.57% as compared to the previous month. On the other hand, 16,364 jobs were closed in the same month implying that companies took out 10.19% more jobs than the month earlier. For the period from July 2022 to October 2022, the number of new jobs posted increased by 2.57% and the number of jobs closed increased by 54.82%
In terms of Compound Monthly Growth Rate (CMGR) between July 2022 and October 2022, the number of new jobs posted observed a growth rate of 0.85%, the number of active job postings observed a negative growth rate of 3.47% and the number of jobs closed observed a growth rate of 15.68%. Between July 2022 and October 2022, the average number of jobs posted stood at 13,457, number of jobs closed stood at 13,949 and number of active jobs stood at 29,224.
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