The European consumer industry experienced a 15% drop in new job postings in Q2 2023 compared with the previous quarter, with the highest share accounted for by Grupa Zywiec with 4,782 job postings, according to GlobalData’s analysis of consumer company job postings. GlobalData’s Key Consumer Trends to Watch in 2023 report provides a comprehensive analysis of the most impactful consumer trends expected to shape the market in the coming year. The report covers key trends such as the value-for-money mindset, health in focus, consumers in control, and the new normal in Buy the report here.
Notably, Management Occupations jobs accounted for an 11% share of the European consumer industry’s total new job postings in Q2 2023, drop 18% over the prior quarter.
Management Occupations drive consumer hiring activity
Management Occupations, with a share of 11% new job postings, was the occupation with the greatest hiring activity in the European consumer industry in Q2 2023 , ahead of Business and Financial Operations Occupations with a 5% share of new job postings.
The other prominent roles included Office and Administrative Support Occupations with a 5% share in Q2 2023, Sales and Related Occupations with a 5% share and Computer and Mathematical Occupations with a 4% share of new job postings.
Top five companies accounted for 28% of hiring activity
Grupa Zywiec posted 4,782 jobs in Q2 2023 and registered a decline of 19% over the previous quarter, followed by Arcelik with 3,136 jobs and a 277% growth. LVMH Moet Hennessy Louis Vuitton, with 2,788 jobs, and Cherkizovo Group, with 2,666 jobs, recorded a 27% drop and a 13% rise, respectively, while Compagnie Financiere Richemont recorded a 30% decline with a 1,576 new job postings during Q2 2023.
Regional analysis of hiring in the European consumer industry, Q2 2023
France held the leading share of the European consumer hiring activity with a 16.90% share, a 21% decrease over Q1 2023. Germany was next with 15.38%, four-percentage-point down over the previous quarter.
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