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Israel: Technology 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 Technology related job postings in the Technology and Communications sector of Israel decreased by 8.02% MoM, and decreased by 12.23% since October 2023, reaching 2,685 active job postings in January 2024
A total of 711 new Technology related jobs were posted in January 2024, witnessing a decrease of 8.96% as compared to the previous month. On the other hand, 945 Technology related jobs were closed in the same month implying that companies took out 3.28% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Technology related jobs posted increased by 14.68% and the number of Technology related jobs closed increased by 55.68%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Technology related jobs posted observed a growth rate of 4.67%, the number of active Technology related job postings observed a negative growth rate of 4.25% and the number of Technology related jobs closed observed a growth rate of 15.9%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 778, number of Technology related jobs closed stood at 868 and number of active Technology related jobs stood at 2,944.