The number of active Technology related job postings in Saudi Arabia driven by Technology decreased by 19.54% MoM, and decreased by 24.81% since October 2023, reaching 1,676 active job postings in January 2024.
A total of 699 new Technology related jobs were posted in January 2024, witnessing an increase of 25.95% as compared to the previous month. On the other hand, 1,106 Technology related jobs were closed in the same month implying that companies took out 29.96% 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 23.44% and the number of Technology related jobs closed increased by 52.97%
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 8.52%, the number of active Technology related job postings observed a negative growth rate of 9.07% and the number of Technology related jobs closed observed a growth rate of 15.22%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 798, the average number of Technology related jobs closed stood at 889 and the average number of active Technology related jobs stood at 2,091.
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