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North America: 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 driven by Internet of Things in the Technology and Communications sector of the North America region decreased by 2.61% MoM, and decreased by 19.27% since October 2023, reaching 7,469 active job postings in January 2024.
A total of 1,673 new Internet of Things related jobs were posted in January 2024, witnessing a decrease of 8.13% as compared to the previous month. On the other hand, 1,873 Internet of Things related jobs were closed in the same month implying that companies took out 41.3% 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 43.13% and the number of Internet of Things related jobs closed decreased by 37.9%.
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 17.15%, the number of active Internet of Things related job postings observed a negative growth rate of 6.89% and the number of Internet of Things related jobs closed observed a negative growth rate of 14.68%. Between October 2023 and January 2024, the average number of Internet of Things related jobs posted stood at 2,277, the average number of Internet of Things related jobs closed stood at 2,742 and the average number of active Internet of Things related jobs stood at 8,357.