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Middle East and Africa: Technology Related Job Trends in the Aerospace and Defense Sector (October 2023 - January 2024)

Industry: Aerospace and Defense
Current: Other Industry Indicators

The number of active Technology related job postings driven by Technology in the Aerospace and Defense sector of the Middle East and Africa region decreased by 12.99% MoM, and decreased by 10.1% since October 2023, reaching 650 active job postings in January 2024.
A total of 190 new Technology related jobs were posted in January 2024, witnessing a decrease of 36.03% as compared to the previous month. On the other hand, 287 Technology related jobs were closed in the same month implying that companies took out 24.78% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Technology related jobs posted decreased by 28.03% and the number of Technology related jobs closed increased by 38.65%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Technology related jobs posted observed a negative growth rate of 10.38%, the number of active Technology related job postings observed a negative growth rate of 3.49% and the number of Technology related jobs closed observed a growth rate of 11.51%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 250, the average number of Technology related jobs closed stood at 254 and the average number of active Technology related jobs stood at 700.