The global consumer industry experienced a 7% drop in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by Great Clips with 10,988 job postings according to GlobalData’s analysis of consumer company job postings. 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, Sales and Related Occupations jobs accounted for an 11% share of the global consumer industry’s new job postings in Q2 2024, 0% over the prior quarter.
Sales and Related Occupations drive consumer industry hiring activity
Sales and Related Occupations, with a share of 11%, was the occupation with the greatest hiring activity in the global consumer industry in Q2 2024, ahead of Management Occupations with a 10% share of job postings.
The other prominent roles include Personal Care and Service Occupations with a 7% share in Q2 2024, Office and Administrative Support Occupations with a 10% share and Production Occupations with a 6% share of new job postings.
Top five companies in consumer industry accounted for 18% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 18% share of the overall hiring activity in the global consumer industry in Q2 2024.
Great Clips posted 10,988 jobs in Q2 2024 and registered a growth of 21% over the previous quarter, followed by Petco Health and Wellness with 8,674 jobs and an 11% growth. LVMH Moet Hennessy Louis Vuitton with 7,551 jobs and Nestle with 6,680 jobs, recorded an 11% decline and a 10% drop, respectively, while PepsiCo recorded a 1% rise with 6,391 job postings during Q2 2024.
Hiring activity was driven by North America with a 55% share of total new job postings, Q2 2024
North America held the leading share of the new job postings in the global consumer industry with a 55% share, a 6% higher over Q1 2024. Europe stood next with 22%, registering a 25% decline over the previous quarter.
Asia-Pacific with a 15% share marked a 14% drop over Q1 2024. The South & Central America and Middle East & Africa accounted for shares of 8% and 5% respectively.
For further understanding of GlobalData's Consumer: Hiring Trends & Signals Q2 2024, buy the report here.
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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.
