The number of active job postings in the Retailing sector of Singapore decreased by 18.89% MoM, and decreased by 17.47% since October 2023, reaching 614 active job postings in January 2024.
A total of 92 new jobs were posted in January 2024, witnessing a decrease of 7.07% as compared to the previous month. On the other hand, 235 jobs were closed in the same month implying that companies took out 60.96% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 39.87% and the number of jobs closed increased by 2.62%
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 15.6%, the number of active job postings observed a negative growth rate of 6.2% and the number of jobs closed observed a growth rate of 0.87%. Between October 2023 and January 2024, the average number of jobs posted stood at 148, number of jobs closed stood at 199 and number of active jobs stood at 729.
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