The number of active job postings in the Paper and Packaging sector of the Asia-Pacific region decreased by 6.93% MoM, and decreased by 19.38% since October 2023, reaching 1,115 active job postings in January 2024.
A total of 228 new jobs were posted in January 2024, witnessing a decrease of 32.34% as compared to the previous month. On the other hand, 311 jobs were closed in the same month implying that companies took out 39.38% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 18.28% and the number of jobs closed increased by 23.41%
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 6.51%, the number of active job postings observed a negative growth rate of 6.93% and the number of jobs closed observed a growth rate of 7.26%. Between October 2023 and January 2024, the average number of jobs posted stood at 315, number of jobs closed stood at 375 and number of active jobs stood at 1,267.
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