The number of active job postings in the Power sector of India increased by 0.68% MoM, and increased by 77.29% since October 2023, reaching 1,913 active job postings in January 2024.
A total of 930 new jobs were posted in January 2024, witnessing a decrease of 16.14% as compared to the previous month. On the other hand, 917 jobs were closed in the same month implying that companies took out 18.78% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted increased by 208.97% and the number of jobs closed increased by 22.43%
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new jobs posted observed a growth rate of 45.65%, the number of active job postings observed a growth rate of 21.03% and the number of jobs closed observed a growth rate of 6.98%. Between October 2023 and January 2024, the average number of jobs posted stood at 874, number of jobs closed stood at 777 and number of active jobs stood at 1,613.
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