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Middle East and Africa: Job Trends in the Retailing Sector (October 2023 - January 2024)

Industry: Retailing
Current: Other Industry Indicators

The number of active job postings in the Retailing sector of the Middle East and Africa region decreased by 8.52% MoM, and decreased by 29.72% since October 2023, reaching 1,750 active job postings in January 2024.
A total of 816 new jobs were posted in January 2024, witnessing an increase of 39.01% as compared to the previous month. On the other hand, 979 jobs were closed in the same month implying that companies took out 26.81% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 38.46% and the number of jobs closed decreased by 37.12%
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 14.94%, the number of active job postings observed a negative growth rate of 11.09% and the number of jobs closed observed a negative growth rate of 14.33%. Between October 2023 and January 2024, the average number of jobs posted stood at 876, number of jobs closed stood at 1,119 and number of active jobs stood at 2,062.