The global consumer industry experienced a 32% rise in new job postings related to digitalization in Q1 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 20% increase versus Q1 2023. GlobalData’s Consumer: Hiring Trends & Signals Q1 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 14% share of the global consumer industry’s digitalization-related total new job postings in Q1 2024, up 20% over the prior quarter.
Management Occupations drive digitalization-related hiring activity
Management Occupations, with a share of 14%, emerged as the top digitalization-related job roles within the consumer industry in Q1 2024, with new job postings rising by 20% quarter-on-quarter. Sales and Related Occupations came in second with a share of 10% in Q1 2024, with new job postings rising by 31% over the previous quarter.
The other prominent digitalization roles include Computer and Mathematical Occupations with a 10% share in Q1 2024, Business and Financial Operations Occupations with a 6% share of new job postings.
Top five companies in consumer industry accounted for 46% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q1 2024 were Arcelik, VF, Nestle, LVMH Moet Hennessy Louis Vuitton, and PepsiCo. Together they accounted for a combined share of 46% of all digitalization-related new jobs in the consumer industry.
Arcelik posted 9,211 digitalization-related new jobs in Q1 2024, VF 2,743 jobs, Nestle 1,187 jobs, LVMH Moet Hennessy Louis Vuitton 1,100 jobs, and PepsiCo 879 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by Turkey with a 28.68% share of total new job postings, Q1 2024
The largest share of digitalization-related new job postings in the consumer industry in Q1 2024 was in Turkey with 28.68% followed by the US (25.27%) and France (6.33%). The share represented by Turkey was two percentage points higher than the 26.89% share it accounted for in Q4 2023.
For further understanding of GlobalData's Consumer: Hiring Trends & Signals Q1 2024, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
