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Australia: 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 Australia decreased by 3.35% MoM, and decreased by 7.92% since October 2023, reaching 5,654 active job postings in January 2024.

  • A total of 1,468 new jobs were posted in January 2024, witnessing a decrease of 8.08% as compared to the previous month. On the other hand, 1,664 jobs were closed in the same month implying that companies took out 23.77% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 31.11% and the number of jobs closed decreased by 27.9%

  • 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 11.68%, the number of active job postings observed a negative growth rate of 2.71% and the number of jobs closed observed a negative growth rate of 10.33%. Between October 2023 and January 2024, the average number of jobs posted stood at 1,873, number of jobs closed stood at 2,039 and number of active jobs stood at 6,020.

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

Published: September 2022
Source: GlobalData

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