Quantum Technology Workforce Monitoring Report

Published:

New Jobs Continue Monthly Decline

The monthly number of new job announcements for the quantum technology industry declined by 19.4% during December 2024, compared to November 2024, as shown in Table 1.  The North American region declined by 28.5% over the same period, while the European region declined less so, by 12.1%. The declines in December were more severe than the across-the-board declines reported in November 2024, compared to October 2024. As reported in Table 2.

Of note, the number of new job announcements for the trailing 12-month period through December 2024, shows that the number of job announcements is little changed from the trailing 12-month period through November 2024 — when looking at the data annually (see Table 3). Analyzing data using a 12-month window inherently provides a much smoother indication of open jobs activity from month to month as the month-to-month variances are less dramatic when annual data is examined.

 

Table 1. M/M Change in Count of New Jobs (Preliminary Report).

REPORTING MONTH: December 2024

GLOBAL : -19.4%

EUROPE : -12.1%

NORTH AMERICA : -28.5%

REST OF WORLD : -13.6%

 

Table 2. M/M Change in Count of New Jobs (Final Report).

REPORTING MONTH: November 2024

GLOBAL : -10.9%

EUROPE :  -8.6%

NORTH AMERICA : -16.6%

REST OF WORLD :  11.3%

 

Table 3. M/M Change in Trailing 12-month Count of New Jobs (Preliminary Report).

REPORTING MONTH: December 2024

GLOBAL :   0.2%

EUROPE :  -0.3%

NORTH AMERICA :   0.8%

REST OF WORLD :  -0.1%

 

The QTech Workforce Monitor Report compiles data from publicly announced job openings within the quantum technology sector. This report is published monthly on the QED-C Blog. The next update will be available on February 5, 2025.