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Germany: 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 Germany decreased by 6.97% MoM, and decreased by 11.57% since October 2023, reaching 11,536 active job postings in January 2024
A total of 2,301 new Technology related jobs were posted in January 2024, witnessing a decrease of 22.32% as compared to the previous month. On the other hand, 3,165 Technology related jobs were closed in the same month implying that companies took out 19.28% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Technology related jobs posted decreased by 41% and the number of Technology related jobs closed increased by 6.75%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Technology related jobs posted observed a negative growth rate of 16.13%, the number of active Technology related job postings observed a negative growth rate of 4.01% and the number of Technology related jobs closed observed a growth rate of 2.2%. Between October 2023 and January 2024, the average number of Technology related jobs posted stood at 3,361, number of Technology related jobs closed stood at 3,505 and number of active Technology related jobs stood at 12,585.