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Singapore: 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 in the Business and Consumer Services sector of Singapore decreased by 3.73% MoM, and decreased by 1.49% since October 2023, reaching 594 active job postings in January 2024
A total of 115 new Technology related jobs were posted in January 2024, witnessing a decrease of 18.44% as compared to the previous month. On the other hand, 138 Technology related jobs were closed in the same month implying that companies took out 19.3% 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 35.03% and the number of Technology related jobs closed decreased by 28.13%.
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 13.39%, the number of active Technology related job postings observed a negative growth rate of 0.5% and the number of Technology related jobs closed observed a negative growth rate of 10.42%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 157, number of Technology related jobs closed stood at 163 and number of active Technology related jobs stood at 615.