The number of active job postings in the Leisure and Arts sector of Singapore decreased by 26.72% MoM, and decreased by 49.29% since October 2023, reaching 1,067 active job postings in January 2024.
A total of 402 new jobs were posted in January 2024, witnessing a decrease of 26.91% as compared to the previous month. On the other hand, 791 jobs were closed in the same month implying that companies took out 16.3% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 34.85% and the number of jobs closed increased by 33.39%
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 13.31%, the number of active job postings observed a negative growth rate of 20.25% and the number of jobs closed observed a growth rate of 10.08%. Between October 2023 and January 2024, the average number of jobs posted stood at 470, number of jobs closed stood at 723 and number of active jobs stood at 1,619.
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