Triangle’s startup scene shows signs of slowdown, with almost 13% drop in job postings

RESEARCH TRIANGLE PARK — The Triangle’s startup job market showed signs of slowdown this week.

According to the latest edition of the WRAL TechWire Jobs Report, startup job postings decreased almost 13% this week.

This drop mirrors the wider Triangle job market trends. Job openings in the Triangle fell to historic lows this week, with just 263,862 opportunities currently available (not taking into post duplications), down 26% compared to this time last year.

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The slowdown marks a concerning trend for the region, especially with WRAL TechWire reporting yesterday that Red Hat is cutting hundreds of jobs in a series of layoffs.

STARTUP JOB POSTS IN THE TRIANGLE FROM THIS WEEK

The number of startup job postings fell to just above 12K for the week (not accounting for duplications).

Here are the numbers from 15 different local or regional job board sites we review weekly for WRAL TechWire’s exclusive Jobs Report for “startup” jobs:

Job market in Triangle continues to show signs of struggle, down 26% from year ago