The US consumer industry experienced a 20% 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. 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 a 13% share of the US’s consumer industry new job postings in Q2 2023, down by 13% over the prior quarter.
Management Occupations drive consumer hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 13% of the total new job postings in Q2 2023 and were up by 1% year-on-year. Second highest were Sales and Related Occupations, which accounted for 12% and drop by 14% year-on-year, and third highest were Production Occupations, which were 0.04% of the new job postings and 13% lower year-on-year.
Top five companies in consumer accounted for 28% of hiring activity
The highest number of jobs were posted by Panera Bread with 11,900, followed by Petco Health and Wellness with 9,909, while the highest increase was at Performance Food Group at 102%.
For further understanding of GlobalData's Key Consumer Trends to Watch in 2023, buy the report here.