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Asia-Pacific: Cloud 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 Cloud related job postings driven by Cloud in the Banking and Payments sector of the Asia-Pacific region decreased by 7.85% MoM, and decreased by 13.81% since October 2023, reaching 5,050 active job postings in January 2024.
A total of 1,563 new Cloud related jobs were posted in January 2024, witnessing an increase of 7.5% as compared to the previous month. On the other hand, 1,993 Cloud related jobs were closed in the same month implying that companies took out 13.56% 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 14.4% and the number of Cloud related jobs closed increased by 10.66%.
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 5.05%, the number of active Cloud related job postings observed a negative growth rate of 4.83% and the number of Cloud related jobs closed observed a growth rate of 3.43%. Between October 2023 and January 2024, the average number of Cloud related jobs posted stood at 1,668, the average number of Cloud related jobs closed stood at 1,864 and the average number of active Cloud related jobs stood at 5,542.