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Europe: Technology Related Job Trends in the Business and Consumer Services Sector (October 2023 - January 2024)

Industry: Business and Consumer Services
Current: Other Industry Indicators

The number of active Technology related job postings driven by Technology in the Business and Consumer Services sector of the Europe region decreased by 2.75% MoM, and decreased by 9.99% since October 2023, reaching 16,124 active job postings in January 2024.
A total of 4,743 new Technology related jobs were posted in January 2024, witnessing a decrease of 9.61% as compared to the previous month. On the other hand, 5,199 Technology related jobs were closed in the same month implying that companies took out 18.22% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Technology related jobs posted decreased by 22.95% and the number of Technology related jobs closed decreased by 21.27%.
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 8.32%, the number of active Technology related job postings observed a negative growth rate of 3.45% and the number of Technology related jobs closed observed a negative growth rate of 7.66%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 5,670, the average number of Technology related jobs closed stood at 6,230 and the average number of active Technology related jobs stood at 17,077.