The number of active Technology related job postings in Kuwait driven by Technology decreased by 3.25% MoM, and increased by 1.71% since October 2023, reaching 417 active job postings in January 2024.
A total of 72 new Technology related jobs were posted in January 2024, witnessing a decrease of 22.58% as compared to the previous month. On the other hand, 86 Technology related jobs were closed in the same month implying that companies took out 16.5% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Technology related jobs posted decreased by 28% and the number of Technology related jobs closed decreased by 16.5%
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 10.37%, the number of active Technology related job postings observed a growth rate of 0.57% and the number of Technology related jobs closed observed a negative growth rate of 5.84%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 98, the average number of Technology related jobs closed stood at 97 and the average number of active Technology related jobs stood at 424.
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