The number of active Technology related job postings in the Industrial Goods and Machinery sector of India decreased by 1.1% MoM, and increased by 4.09% since October 2023, reaching 2,873 active job postings in January 2024
A total of 1,097 new Technology related jobs were posted in January 2024, witnessing an increase of 2.91% as compared to the previous month. On the other hand, 1,129 Technology related jobs were closed in the same month implying that companies took out 7.32% 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 2.58% and the number of Technology related jobs closed increased by 8.87%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Technology related jobs posted observed a negative growth rate of 0.87%, the number of active Technology related job postings observed a growth rate of 1.35% and the number of Technology related jobs closed observed a growth rate of 2.87%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 1,099, number of Technology related jobs closed stood at 1,048 and number of active Technology related jobs stood at 2,857.
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