The number of active Cloud related job postings driven by Cloud in the Insurance sector of the Europe region decreased by 20.56% MoM, and decreased by 25.82% since October 2023, reaching 885 active job postings in January 2024.
A total of 175 new Cloud related jobs were posted in January 2024, witnessing a decrease of 22.91% as compared to the previous month. On the other hand, 404 Cloud related jobs were closed in the same month implying that companies took out 52.45% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Cloud related jobs posted decreased by 44.44% and the number of Cloud related jobs closed increased by 64.9%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Cloud related jobs posted observed a negative growth rate of 17.79%, the number of active Cloud related job postings observed a negative growth rate of 9.48% and the number of Cloud related jobs closed observed a growth rate of 18.14%. Between October 2023 and January 2024, the average number of Cloud related jobs posted stood at 242, the average number of Cloud related jobs closed stood at 301 and the average number of active Cloud related jobs stood at 1,086.
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