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China: Internet of Things Related Job Trends in the Technology and Communications Sector (October 2023 - January 2024)

Industry: Technology and Communications
Current: Other Industry Indicators

The number of active Internet of Things related job postings in the Technology and Communications sector of China decreased by 9.29% MoM, and decreased by 16.27% since October 2023, reaching 283 active job postings in January 2024
A total of 30 new Internet of Things related jobs were posted in January 2024, witnessing a decrease of 40% as compared to the previous month. On the other hand, 59 Internet of Things related jobs were closed in the same month implying that companies took out 27.16% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Internet of Things related jobs posted decreased by 30.23% and the number of Internet of Things related jobs closed increased by 31.11%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Internet of Things related jobs posted observed a negative growth rate of 11.31%, the number of active Internet of Things related job postings observed a negative growth rate of 5.75% and the number of Internet of Things related jobs closed observed a growth rate of 9.45%. Between October 2023 and January 2024, the average number of Internet of Things related jobs posted stood at 53, number of Internet of Things related jobs closed stood at 68 and number of active Internet of Things related jobs stood at 319.