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November 8, 2022

Asia-Pacific’s consumer industry IT hiring activity drops 19.5% in October 2022

By Carmen

Asia-Pacific witnessed a 19.5% drop in IT hiring activity in the consumer industry in October 2022 when compared with the previous month, according to GlobalData’s Job Analytics dashboard.

October 2022 has seen a decrease of 6.61% in the overall hiring activity when compared with September 2022.

IT jobs accounted for a 4.67% share in the industry’s total hiring activity in October 2022, registering a decrease of 0.84% over the last three-month average share.

Software and Web Developers, Programmers, and Testers Occupations leads by classification in October 2022

Software and Web Developers, Programmers, and Testers Occupations emerged as the leading IT occupation in Asia-Pacific with a share of 34.01% in October 2022, a 39.91% drop over the previous month. Computer and Information Analysts came in next, claiming a share of 22.59% in October 2022, marking a 10.1% month-on-month decline. In the third place was Database and Network Administrators and Architects with a share of 21.83% in October 2022, a 1.18% rise from September 2022.

Miscellaneous Computer Occupations registered a share of 18.02% in October 2022, a 2.9% rise over the previous month.

Top five consumer companies in Asia-Pacific’s IT recruitment activity in October 2022

The top five companies, in terms of number of jobs as tracked by GlobalData, accounted for a combined average decline of 29.27% in the overall IT recruitment activity of Asia-Pacific’s consumer industry during October 2022 over previous month.

Charoen Pokphand Foods Public posted 37 IT jobs in October 2022 and registered a decline of 51.32% over the previous month, followed by PepsiCo with 30 jobs and an 114.29% growth. Haier Group with 30 IT jobs and Panasonic with 25 jobs, recorded a 62.03% drop and a 30.56% drop, respectively, while McCain Foods recorded a flat growth with 23 job postings during October 2022.

Country-wise composition of IT hiring in Asia-Pacific’s consumer industry

India commanded a leading presence in the region’s consumer industry IT hiring activity with a 52.28% share in October 2022, a 19.22% decrease over September 2022. China featured next with a 16.24% share, down 34.69% over the previous month. Philippines recorded a 5.58% share, a drop of 18.52% compared with September 2022.

Junior Level job postings dominate in October 2022

Junior Level jobs held a share of 66.24%, down by 30.95% from September 2022. Mid Level positions with a 24.62% share, registered a growth of 19.75% compared with the previous month.

In the third place was Entry Level job ads with 8.12% share, down 8.57% over September 2022, while Senior postings accounted for 1.02%, recording a month-on-month growth of 33.33%.

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