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United Kingdom: 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 United Kingdom decreased by 7.38% MoM, and decreased by 12.66% since October 2023, reaching 16,755 active job postings in January 2024.

  • A total of 4,883 new jobs were posted in January 2024, witnessing an increase of 0.87% as compared to the previous month. On the other hand, 6,218 jobs were closed in the same month implying that companies took out 4.36% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 22.28% and the number of jobs closed increased by 3.37%

  • 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 8.06%, the number of active job postings observed a negative growth rate of 4.41% and the number of jobs closed observed a growth rate of 1.11%. Between October 2023 and January 2024, the average number of jobs posted stood at 5,552, number of jobs closed stood at 6,092 and number of active jobs stood at 18,308.

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

Published: September 2022
Source: GlobalData

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