The number of active job postings in the Oil and Gas sector of United States decreased by 15.11% MoM, and decreased by 10.6% since July 2022, reaching 24,206 active job postings in October 2022.
A total of 10,602 new jobs were posted in October 2022, witnessing a decrease of 20.9% as compared to the previous month. On the other hand, 14,911 jobs were closed in the same month implying that companies took out 13.86% more jobs than the month earlier. For the period from July 2022 to October 2022, the number of new jobs posted increased by 2.66% and the number of jobs closed increased by 58.06%
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 0.88%, the number of active job postings observed a negative growth rate of 3.67% and the number of jobs closed observed a growth rate of 16.49%. Between July 2022 and October 2022, the average number of jobs posted stood at 11,973, number of jobs closed stood at 12,468 and number of active jobs stood at 27,001.
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