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China: Technology Related Job Trends in the Industrial Goods and Machinery Sector (October 2023 - January 2024)

Industry: Industrial Goods & Machinery
Current: Other Industry Indicators

The number of active Technology related job postings in the Industrial Goods and Machinery sector of China decreased by 9.07% MoM, and decreased by 8.56% since October 2023, reaching 983 active job postings in January 2024
A total of 227 new Technology related jobs were posted in January 2024, witnessing a decrease of 8.1% as compared to the previous month. On the other hand, 325 Technology related jobs were closed in the same month implying that companies took out 15.25% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Technology related jobs posted increased by 21.39% and the number of Technology related jobs closed increased by 51.87%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Technology related jobs posted observed a growth rate of 6.67%, the number of active Technology related job postings observed a negative growth rate of 2.94% and the number of Technology related jobs closed observed a growth rate of 14.94%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 239, number of Technology related jobs closed stood at 269 and number of active Technology related jobs stood at 1,063.