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Philippines: 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 Philippines decreased by 42.31% MoM, and decreased by 40.58% since October 2023, reaching 874 active job postings in January 2024
A total of 208 new Technology related jobs were posted in January 2024, witnessing a decrease of 24.36% as compared to the previous month. On the other hand, 849 Technology related jobs were closed in the same month implying that companies took out 147.52% 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 41.08% and the number of Technology related jobs closed increased by 109.11%.
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 16.16%, the number of active Technology related job postings observed a negative growth rate of 15.93% and the number of Technology related jobs closed observed a growth rate of 27.88%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 308, number of Technology related jobs closed stood at 471 and number of active Technology related jobs stood at 1,360.