The number of active job postings in the Power sector of Canada increased by 0.45% MoM, and decreased by 23.06% since October 2023, reaching 447 active job postings in January 2024.
A total of 293 new jobs were posted in January 2024, witnessing an increase of 27.95% as compared to the previous month. On the other hand, 291 jobs were closed in the same month implying that companies took out 14.16% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 4.56% and the number of jobs closed decreased by 25%
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 1.54%, the number of active job postings observed a negative growth rate of 8.37% and the number of jobs closed observed a negative growth rate of 9.14%. Between October 2023 and January 2024, the average number of jobs posted stood at 304, number of jobs closed stood at 358 and number of active jobs stood at 507.
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