The decline in job offers in the IT sector in our country continues

18.06.2024

THE DECLINE IN JOB OFFERS IN THE IT SECTOR IN OUR COUNTRY CONTINUES

Job offers in May were about 2,000 more than those in the previous month, which is a 4 percent growth on a monthly basis, according to the monthly analysis of the HR company and career site "JobTiger". The total number of offers at the end of May was just over 50,000, with almost all sectors seeing an increase in the number of listings.

The only exception is the IT sector, which reported nearly 200 fewer offers, or a drop of 6 percent.

Compared to the same period in 2023, there is no change in the total number of job offers - they are about 450 less than in May 2023, but this is a difference that can be made up within a day depending from the supply intensity, the company commented.

With the greatest growth in May are job offers in the sectors "Hospitality and restaurant industry" (680 offers more, 7 percent growth), "Logistics and transport" (600 offers more, 12 percent growth) and "Trade and sales" (380 offers more, 3 percent growth).

In the other sectors, the growth of proposals is as follows: "Manufacturing" (300 proposals more, 4 percent growth), "Healthcare and pharmacy" (130 proposals more, 6 percent growth), "Construction" (80 proposals more, 3 per hundred growth), "Marketing and advertising" (60 proposals more, 4 per hundred growth).

The sectors "Administrative and service activities" and "Accounting, audit, finance" saw a small increase, but overall the number of offers in them remained almost unchanged.

The analysis of supply by sector on an annual basis continues to show a decline in the IT sector (-25 per cent) and lower levels of supply in the sectors "Hospitality and Restaurant" (-10 per cent), "Marketing and Advertising" (-6 per cent) and "Production" (-3 per cent). In the remaining sectors, a higher number of proposals is reported compared to May 2023.

Work from home

According to the company's analysis, the number of offers for work from home and/or remote work remained unchanged in May - about 3,400. As a share of the total number of ads, this type of offer occupies 8 percent of the offer.

The distribution of this type of offer by sector is as follows: 47 percent in the IT sector, followed by "Administrative and service activities" (20 percent), the outsourcing (BPO) industry sectors (17 percent) and "Trade and sales " (10 percent).

Offer by city

The growth of offers in the leading regional cities continues. In Sofia it is 5 percent, and in the rest: Plovdiv (4 percent), Varna (2 percent), Burgas (2 percent), Ruse (10 percent) and Stara Zagora (6 percent).

In total, the offers in these cities are about 1,500 more, which is an increase of 5 percent.

As a share distribution in Sofia the ads are 40 percent, and in the other cities they are: Plovdiv (10 percent), Varna (10 percent), Burgas (5 percent), Ruse (3 percent) and Stara Zagora (3 percent hundred).

At the beginning of May, the career site reported that job offers increased by 5 percent in April, or by nearly 2,300 compared to the previous month. The company's monthly analysis said this was due almost entirely to increased supply in the Trade and Sales and Hospitality and Restaurant sectors.