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Portugal: Cloud 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 Cloud related job postings in the Technology and Communications sector of Portugal decreased by 0.67% MoM, and decreased by 3.15% since October 2023, reaching 737 active job postings in January 2024
A total of 217 new Cloud related jobs were posted in January 2024, witnessing an increase of 17.3% as compared to the previous month. On the other hand, 222 Cloud related jobs were closed in the same month implying that companies took out 39.67% fewer jobs than the month earlier. For the period from October 2023 to January 2024, the number of new Cloud related jobs posted decreased by 29.32% and the number of Cloud related jobs closed decreased by 4.72%.
In terms of Compound Monthly Growth Rate (CMGR) between October 2023 and January 2024, the number of new Cloud related jobs posted observed a negative growth rate of 10.92%, the number of active Cloud related job postings observed a negative growth rate of 1.06% and the number of Cloud related jobs closed observed a negative growth rate of 1.6%. Between October 2023 and January 2024, the average number of Cloud related jobs posted stood at 279, number of Cloud related jobs closed stood at 267 and number of active Cloud related jobs stood at 791.