The number of active openings in July is a 4% degrowth over July 2023 and a 10% degrowth over July 2021, according to the data of white collar vacancies for professionals with one year of experience and above. However, officials at large conglomerates and top corporations attributed the drop in the number of vacancies to a lull typical during electoral activity and the continuing headwinds in the IT services sector, the biggest single contributor to the white-collar job market.