The global consumer industry experienced a 35% drop in new job postings related to digitalization in Q2 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to an 8% decrease versus Q2 2023. GlobalData’s Consumer: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the consumer industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for a 17% share of the global consumer industry’s digitalization-related total new job postings in Q2 2024, down 17% over the prior quarter.
Management Occupations drive digitalization-related hiring activity
Management Occupations, with a share of 17%, emerged as the top digitalization-related job roles within the consumer industry in Q2 2024, with new job postings drop by 17% quarter-on-quarter. Sales and Related Occupations came in second with a share of 11% in Q2 2024, with new job postings dropping by 20% over the previous quarter.
The other prominent digitalization roles include Computer and Mathematical Occupations with a 7% share in Q2 2024, Business and Financial Operations Occupations with a 6% share of new job postings.
Top five companies in consumer industry accounted for 29% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Arcelik, VF, Nestle, LVMH Moet Hennessy Louis Vuitton, and PepsiCo. Together they accounted for a combined share of 29% of all digitalization-related new jobs in the consumer industry.
Arcelik posted 2,302 digitalization-related new jobs in Q2 2024, VF 2,045 jobs, Nestle 1,059 jobs, LVMH Moet Hennessy Louis Vuitton 816 jobs, and PepsiCo 716 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 33.28% share of total new job postings, Q2 2024
The largest share of digitalization-related new job postings in the consumer industry in Q2 2024 was in the US with 33.28% followed by Turkey (10.14%) and France (6.29%). The share represented by the US was 11 percentage points higher than the 22.43% share it accounted for in Q1 2024.
For further understanding of GlobalData's Consumer: Hiring Trends & Signals Q2 2024, buy the report here.
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