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Asia-Pacific: Job Trends in the Technology and Communications Sector (October 2023 - January 2024)

  • The number of active job postings in the Technology and Communications sector of the Asia-Pacific region decreased by 11.74% MoM, and decreased by 15.7% since October 2023, reaching 138,176 active job postings in January 2024.

  • A total of 38,263 new jobs were posted in January 2024, witnessing a decrease of 15.14% as compared to the previous month. On the other hand, 56,651 jobs were closed in the same month implying that companies took out 33.52% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 11.78% and the number of jobs closed increased by 51.82%

  • In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new jobs posted observed a negative growth rate of 4.09%, the number of active job postings observed a negative growth rate of 5.53% and the number of jobs closed observed a growth rate of 14.93%. Between October 2023 and January 2024, the average number of jobs posted stood at 42,577, number of jobs closed stood at 47,494 and number of active jobs stood at 153,137.

Asia-Pacific: Job Trends in the Technology and Communications Sector (October 2023 - January 2024)

Published: September 2022
Source: GlobalData

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