The number of active Technology related job postings in the Business and Consumer Services sector of India decreased by 0.61% MoM, and increased by 0.13% since October 2023, reaching 6,022 active job postings in January 2024
A total of 1,294 new Technology related jobs were posted in January 2024, witnessing a decrease of 32.64% as compared to the previous month. On the other hand, 1,331 Technology related jobs were closed in the same month implying that companies took out 31.57% 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 20.07% and the number of Technology related jobs closed decreased by 26.95%.
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 7.2%, the number of active Technology related job postings observed a growth rate of 0.04% and the number of Technology related jobs closed observed a negative growth rate of 9.94%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 1,665, number of Technology related jobs closed stood at 1,714 and number of active Technology related jobs stood at 6,044.
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