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Global: Internet of Things 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 Internet of Things related job postings in the Global Banking and Payments Sector decreased by 5.65% MoM, and decreased by 26.45% since October 2023, reaching 317 active job postings in January 2024
A total of 50 new Internet of Things related jobs were posted in January 2024, witnessing an increase of 8.7% as compared to the previous month. On the other hand, 69 jobs were closed in the same month implying that companies took out 54.9% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Internet of Things related jobs posted decreased by 50.98% and the number of Internet of Things related jobs closed decreased by 41.53%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Internet of Things related jobs posted observed a negative growth rate of 21.15%, the number of active Internet of Things related job postings observed a negative growth rate of 9.73% and the number of Internet of Things related jobs closed observed a negative growth rate of 16.38%. Between October 2023 and January 2024, the average number of Internet of Things related jobs posted stood at 83, number of Internet of Things related jobs closed stood at 116 and number of active Internet of Things related jobs stood at 381.