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Canada: Artificial Intelligence Related Job Trends in the Banking and Payments Sector (October 2023 - January 2024)

Industry: Banking and Payments
Current: Other Industry Indicators

The number of active Artificial Intelligence related job postings in the Banking and Payments sector of Canada increased by 3.17% MoM, and decreased by 0.28% since October 2023, reaching 358 active job postings in January 2024
A total of 151 new Artificial Intelligence related jobs were posted in January 2024, witnessing an increase of 32.46% as compared to the previous month. On the other hand, 140 Artificial Intelligence related jobs were closed in the same month implying that companies took out 1.45% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Artificial Intelligence related jobs posted increased by 30.17% and the number of Artificial Intelligence related jobs closed increased by 8.53%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Artificial Intelligence related jobs posted observed a growth rate of 9.19%, the number of active Artificial Intelligence related job postings observed a negative growth rate of 0.09% and the number of Artificial Intelligence related jobs closed observed a growth rate of 2.77%. Between October 2023 and January 2024, the average number of Artificial Intelligence related jobs posted stood at 139, number of Artificial Intelligence related jobs closed stood at 142 and number of active Artificial Intelligence related jobs stood at 358.