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

  • The number of active job postings in the Global Technology and Communications Sector decreased by 8.93% MoM, and decreased by 15.17% since October 2023, reaching 462,465 active job postings in January 2024.

  • A total of 128,986 new jobs were posted in January 2024, witnessing a decrease of 7.74% as compared to the previous month. On the other hand, 174,339 jobs were closed in the same month implying that companies took out 4.99% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 24.43% and the number of jobs closed increased by 10.05%

  • 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 8.91%, the number of active job postings observed a negative growth rate of 5.34% and the number of jobs closed observed a growth rate of 3.24%. Between October 2023 and January 2024, the average number of jobs posted stood at 151,177, number of jobs closed stood at 168,787 and number of active jobs stood at 512,383.

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

Published: September 2022
Source: GlobalData

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