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Europe: 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 driven by Technology in the Banking and Payments sector of the Europe region decreased by 13.39% MoM, and decreased by 23.32% since October 2023, reaching 16,024 active job postings in January 2024.
A total of 5,463 new Technology related jobs were posted in January 2024, witnessing a decrease of 4.91% as compared to the previous month. On the other hand, 7,940 Technology related jobs were closed in the same month implying that companies took out 5.75% 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 27.57% and the number of Technology related jobs closed increased by 14.52%.
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 10.19%, the number of active Technology related job postings observed a negative growth rate of 8.47% and the number of Technology related jobs closed observed a growth rate of 4.62%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 6,434, the average number of Technology related jobs closed stood at 7,500 and the average number of active Technology related jobs stood at 18,921.