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Philippines: Technology Related Job Trends in the Insurance Sector (October 2023 - January 2024)

  • The number of active Technology related job postings in the Insurance sector of Philippines decreased by 47.56% MoM, and decreased by 48.94% since October 2023, reaching 312 active job postings in January 2024

  • A total of 88 new Technology related jobs were posted in January 2024, witnessing a decrease of 10.2% as compared to the previous month. On the other hand, 371 Technology related jobs were closed in the same month implying that companies took out 231.25% 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 27.87% and the number of Technology related jobs closed increased by 101.63%.

  • 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 10.32%, the number of active Technology related job postings observed a negative growth rate of 20.07% and the number of Technology related jobs closed observed a growth rate of 26.33%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 103, number of Technology related jobs closed stood at 193 and number of active Technology related jobs stood at 531.

Philippines: Technology Related Job Trends in the Insurance Sector (October 2023 - January 2024)

Published: September 2022
Source: GlobalData

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