Quantum Tech Workforce Monitor Report: New job postings continue downward trend

New quantum technology job announcements declined month/month in July, globally and across each region. The flash preliminary data for July indicates a mild decline of 3.6% for global job activity, which contrasts with the revised June month/month increase of 4.9% (previously reported as a flash value last month of a decrease of 2.3%). Each of the three regional figures declined in July, -1.8%, -6.2%, and -3.2% for Europe, North America, and the rest of the world, respectively.

Table: Month/month change in the number of newly-documented, job postings.

**PRELIMINARY FLASH DATA** REPORTING MONTH: July 2024
GLOBAL: -3.6%
EUROPE: -1,8%
NORTH AMERICA: -6.2%
REST OF WORLD: -3.2%

**REVISED FINAL** PRIOR REPORTING MONTH: June 2024
(Previously reported ‘Preliminary flash’ values in parenthesis)
GLOBAL: 4.9% ( -2.3%)
EUROPE: 15.8% ( 11.1%)
NORTH AMERICA: -3.1% (-10.0%)
REST OF WORLD: -8.1% (-25.4%)

Note: Beginning in September 2024, this Workforce Monitor Report will be published on the 5th day of each month so that revisions to the prior month’s data are minimized.

Information provided by the QTech Workforce Monitor Report is based on data collected on individual job opening announcements publicly offered by organizations operating in the quantum technology ecosystem. The Report is published monthly on the QED-C Blog webpages. The next release of the monthly report will be available on September 5, 2024.