The number of active job postings in the Leisure and Arts sector of the Asia-Pacific region decreased by 10.22% MoM, and decreased by 16.74% since October 2023, reaching 42,360 active job postings in January 2024.
A total of 13,510 new jobs were posted in January 2024, witnessing an increase of 7.69% as compared to the previous month. On the other hand, 18,331 jobs were closed in the same month implying that companies took out 13.85% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 25.24% and the number of jobs closed decreased by 15.2%
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 9.24%, the number of active job postings observed a negative growth rate of 5.92% and the number of jobs closed observed a negative growth rate of 5.35%. Between October 2023 and January 2024, the average number of jobs posted stood at 14,989, number of jobs closed stood at 18,004 and number of active jobs stood at 47,788.
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