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United Kingdom: 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 in the Banking and Payments sector of United Kingdom decreased by 3.81% MoM, and decreased by 3.38% since October 2023, reaching 1,288 active job postings in January 2024
A total of 421 new Cloud related jobs were posted in January 2024, witnessing a decrease of 12.47% as compared to the previous month. On the other hand, 472 Cloud related jobs were closed in the same month implying that companies took out 1.94% 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 7.47% and the number of Cloud related jobs closed increased by 10.8%.
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 2.56%, the number of active Cloud related job postings observed a negative growth rate of 1.14% and the number of Cloud related jobs closed observed a growth rate of 3.48%. Between October 2023 and January 2024, the average number of Cloud related jobs posted stood at 448, number of Cloud related jobs closed stood at 452 and number of active Cloud related jobs stood at 1,320.