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United States: Job Trends in the Business and Consumer Services Sector (October 2023 - January 2024)

  • The number of active job postings in the Business and Consumer Services sector of United States decreased by 2.23% MoM, and decreased by 17.09% since October 2023, reaching 117,495 active job postings in January 2024.

  • A total of 44,920 new jobs were posted in January 2024, witnessing a decrease of 4.36% as compared to the previous month. On the other hand, 47,598 jobs were closed in the same month implying that companies took out 15.16% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 20.19% and the number of jobs closed decreased by 21.96%

  • 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 7.24%, the number of active job postings observed a negative growth rate of 6.05% and the number of jobs closed observed a negative growth rate of 7.93%. Between October 2023 and January 2024, the average number of jobs posted stood at 50,960, number of jobs closed stood at 58,189 and number of active jobs stood at 127,170.

United States: Job Trends in the Business and Consumer Services Sector (October 2023 - January 2024)

Published: September 2022
Source: GlobalData

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