The number of active job postings in the Power sector of United States decreased by 5.54% MoM, and decreased by 18.13% since October 2023, reaching 15,150 active job postings in January 2024.
A total of 4,030 new jobs were posted in January 2024, witnessing a decrease of 3.68% as compared to the previous month. On the other hand, 4,918 jobs were closed in the same month implying that companies took out 4.8% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 34.19% and the number of jobs closed decreased by 31.73%
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 13.02%, the number of active job postings observed a negative growth rate of 6.45% and the number of jobs closed observed a negative growth rate of 11.95%. Between October 2023 and January 2024, the average number of jobs posted stood at 4,847, number of jobs closed stood at 5,956 and number of active jobs stood at 16,678.
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