The global retail industry experienced a 7% rise in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by Woolworths Group with 55,003 job postings according to GlobalData’s analysis of retail company job postings. GlobalData’s Retail: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the retail industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Sales and Related Occupations jobs accounted for a 21% share of the global retail industry’s new job postings in Q2 2024, up 11% over the prior quarter.
Sales and Related Occupations drive retail industry hiring activity
Sales and Related Occupations, with a share of 21%, was the occupation with the greatest hiring activity in the global retail industry in Q2 2024, ahead of Office and Administrative Support Occupations with a 7% share of job postings.
The other prominent roles include Management Occupations with a 7% share in Q2 2024, Production Occupations with a 15% share and Healthcare Practitioners and Technical Occupations with a 5% share of new job postings.
Top five companies in retail industry accounted for 25% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 25% share of the overall hiring activity in the global retail industry in Q2 2024.
Woolworths Group posted 55,003 jobs in Q2 2024 and registered a drop of 26% over the previous quarter, followed by Aldi Einkauf with 48,171 jobs and a 35% growth. Walgreens Boots Alliance with 46,310 jobs and Walmart with 45,383 jobs, recorded an 11% growth and a 20% drop, respectively, while CVS Health recorded a 13% rise with 39,580 job postings during Q2 2024.
Hiring activity was driven by North America with a 75% share of total new job postings, Q2 2024
North America held the leading share of the new job postings in the global retail industry with a 75% share, a 6% higher over Q1 2024. Europe stood next with 14%, registering a 4% decline over the previous quarter.
Asia-Pacific with a 9% share marked a 26% drop over Q1 2024. The South & Central America and Middle East & Africa accounted for shares of 15% and 30% respectively.
For further understanding of GlobalData's Retail: 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.
