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India: Connectivity 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 Connectivity related job postings in the Technology and Communications sector of India decreased by 7.55% MoM, and decreased by 9.07% since October 2023, reaching 1,715 active job postings in January 2024
A total of 529 new Connectivity related jobs were posted in January 2024, witnessing a decrease of 4.86% as compared to the previous month. On the other hand, 669 Connectivity related jobs were closed in the same month implying that companies took out 9.49% more jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Connectivity related jobs posted decreased by 15.5% and the number of Connectivity related jobs closed decreased by 27.99%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Connectivity related jobs posted observed a negative growth rate of 5.46%, the number of active Connectivity related job postings observed a negative growth rate of 3.12% and the number of Connectivity related jobs closed observed a negative growth rate of 10.37%. Between October 2023 and January 2024, the average number of Connectivity related jobs posted stood at 596, number of Connectivity related jobs closed stood at 715 and number of active Connectivity related jobs stood at 1,841.