The global consumer industry experienced a 17% drop in new job postings in Q2 2023 compared with the previous quarter, with the highest share accounted for by Panera Bread with 11,900 job postings according to GlobalData’s analysis of consumer company job postings. Buy the report here.
Notably, Management Occupations jobs accounted for a 12% share of the global consumer industry’s new job postings in Q2 2023, down 14% over the prior quarter.
Management Occupations drive consumer hiring activity
Management Occupations, with a share of 12%, was the occupation with the greatest hiring activity in the global consumer industry in Q2 2023, ahead of Sales and Related Occupations with a 10% share of job postings.
The other prominent roles include Production Occupations with a 7% share in Q2 2023, Office and Administrative Support Occupations with a 15% share and Transportation and Material Moving Occupations with a 5% 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 2023.
Panera Bread posted 11,900 jobs in Q2 2023 and registered a growth of 151% over the previous quarter, followed by Petco Health and Wellness with 9,909 jobs and a 4% growth. LVMH Moet Hennessy Louis Vuitton with 7,322 jobs and Performance Food Group with 4,918 jobs, recorded a 10% decline and a 102% rise, respectively, while Grupa Zywiec recorded a 19% drop with 4,782 job postings during Q2 2023.
Hiring activity was driven by North America with a 59% share of total new job postings, Q2 2023
North America held the leading share of the new job postings in the global consumer industry with a 59% share, a 1% lower over Q1 2023. Europe stood next with 25%, registering a 15% decline over the previous quarter.
Asia-Pacific with an 11% share marked a 11% drop over Q1 2023. The South & Central America and Middle East & Africa accounted for shares of 17% and 16% respectively.