The number of active Technology related job postings in the Insurance sector of India decreased by 0.4% MoM, and increased by 6.95% since October 2023, reaching 1,492 active job postings in January 2024
A total of 454 new Technology related jobs were posted in January 2024, witnessing a decrease of 16.7% as compared to the previous month. On the other hand, 460 Technology related jobs were closed in the same month implying that companies took out 50.16% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Technology related jobs posted increased by 14.65% and the number of Technology related jobs closed increased by 40.67%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Technology related jobs posted observed a growth rate of 4.66%, the number of active Technology related job postings observed a growth rate of 2.27% and the number of Technology related jobs closed observed a growth rate of 12.05%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 1,116, number of Technology related jobs closed stood at 1,074 and number of active Technology related jobs stood at 1,565.
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