Growth in job postings in January

16.02.2024

GROWTH IN JOB POSTINGS IN JANUARY

An analysis by HR company and career site JobTiger shows a rise in job offers across all sectors in January 2024.

The total number of postings is up 37 percent (11,200 more postings) compared to December 2023. On a year-over-year basis, there is a 10 percent drop, with nearly 4,500 fewer job postings than in January 2023.

In each of the sectors, a double-digit growth in offers is observed. It is the largest in the sectors "Trade and sales" (2,630 offers more, 35 percent growth), "Manufacturing" (2,130 offers more, 46 percent growth) and "Hospitality and restaurants" (1,520 offers more, 38 percent height). It is followed by the sectors "Administrative and service activities" (1310 offers more, 38 percent growth), "Logistics and transport" (980 offers more, 31 percent growth), "Health care and pharmacy" (820 offers more, 49 percent growth) , "Construction" (800 offers more, 52 percent growth), "Accounting, auditing, finance" (780 offers more, 50 percent growth), IT (580 offers more, 21 percent growth) and "Marketing and advertising" (420 offers more, 41 percent growth).

This is the first monthly growth of offers in the IT sector for the last 12 months, the company said. At the end of January, in an interview with BTA, Dobroslav Dimitrov, Chairman of the Board of the Bulgarian Association of Software Companies, indicated that the difficulties of large technology companies around the world, which are laying off employees in order to reduce costs, are reflected in the Bulgarian sector with a decline in the growth.

"We continue to grow, but not at the pace at which it happened in recent years. There was an almost instantaneous freeze on new appointments in the IT industry in Bulgaria, which was visible more or less since the end of spring last year," said Dimitrov in the interview.

On an annual basis, the trend is negative. Most sectors reported fewer offers compared to last year. The only exception is the "Healthcare and Pharmacy" sector, in which there is an 11 percent growth compared to January 2023, the company's analysis states.

Share distribution

With the largest share of advertisements in January is the "Trade and Sales" sector (24 percent), followed by the "Manufacturing" (16 percent) and "Hospitality and Restaurant" sectors (13 percent). Followed by the sectors "Administrative and service activities" (12 percent), "Logistics and transport" (10 percent), "IT" (8 percent), "Health care and pharmacy" (6 percent), "Construction" (5 .7 percent), "Accounting, auditing, finance" (5.6 percent), "Marketing and advertising" (4 percent) and "Art" (1 percent).

Work from home

The analysis of the HR company and career site JobTiger shows that offers for work from home and/or remote work also saw a growth of 26 percent. This is nearly 700 more offers than in December. As a share of the total number of ads, this type of offer occupies 9 percent of the offer in December. The distribution of this type of offer by sector is: 52 percent in the IT sector, followed by "Administrative and service activities" (18 percent), the sectors of the outsourcing industry (15 percent) and "Trade and sales" (9 percent).

Offer by city

As with the other indicators, the company reports a double-digit growth in the offers in all the leading regional cities - Sofia (35 percent), Plovdiv (36 percent), Varna (48 percent), Burgas (54 percent), Ruse (33 percent) and Stara Zagora (36 percent).

As a share distribution in Sofia, the ads are 44 percent, and in the other cities they are: Plovdiv (10 percent), Varna (8 percent), Burgas (4 percent), Ruse (3 percent) and Stara Zagora (3 percent).