The number of active Technology related job postings in the Global Insurance Sector decreased by 8.21% MoM, and decreased by 14.32% since October 2023, reaching 21,458 active job postings in January 2024
A total of 5,408 new Technology related jobs were posted in January 2024, witnessing a decrease of 12.49% as compared to the previous month. On the other hand, 7,327 jobs were closed in the same month implying that companies took out 8.55% 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 29.62% and the number of Technology related jobs closed increased by 5.02%.
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 11.05%, the number of active Technology related job postings observed a negative growth rate of 5.02% and the number of Technology related jobs closed observed a growth rate of 1.64%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 7,392, number of Technology related jobs closed stood at 8,112 and number of active Technology related jobs stood at 23,772.
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