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Germany: Technology 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 Technology related job postings in the Banking and Payments sector of Germany decreased by 26.78% MoM, and decreased by 35.21% since October 2023, reaching 2,133 active job postings in January 2024
A total of 704 new Technology related jobs were posted in January 2024, witnessing a decrease of 9.86% as compared to the previous month. On the other hand, 1,484 Technology related jobs were closed in the same month implying that companies took out 31.1% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Technology related jobs posted decreased by 41.82% and the number of Technology related jobs closed increased by 42.15%.
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 16.52%, the number of active Technology related job postings observed a negative growth rate of 13.47% and the number of Technology related jobs closed observed a growth rate of 12.44%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 925, number of Technology related jobs closed stood at 1,174 and number of active Technology related jobs stood at 2,900.