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Germany: 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 Germany decreased by 6.33% MoM, and decreased by 15.03% since October 2023, reaching 20,164 active job postings in January 2024.

  • A total of 3,440 new jobs were posted in January 2024, witnessing a decrease of 24.79% as compared to the previous month. On the other hand, 4,803 jobs were closed in the same month implying that companies took out 18.47% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new jobs posted decreased by 43.26% and the number of jobs closed decreased by 2.87%

  • 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 17.21%, the number of active job postings observed a negative growth rate of 5.28% and the number of jobs closed observed a negative growth rate of 0.97%. Between October 2023 and January 2024, the average number of jobs posted stood at 5,456, number of jobs closed stood at 6,068 and number of active jobs stood at 22,066.

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

Published: September 2022
Source: GlobalData

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