The global auto industry experienced a 35% drop in new job postings related to social responsibility in Q4 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 39% decrease versus Q4 2022. GlobalData’s Automotive: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the automotive industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Installation, Maintenance, and Repair Occupations jobs accounted for a 16% share of the global auto industry’s social responsibility-related total new job postings in Q4 2023, down 24% over the prior quarter.
Installation, Maintenance, and Repair Occupations drive social responsibility-related hiring activity
Installation, Maintenance, and Repair Occupations, with a share of 16%, emerged as the top social responsibility-related job roles within the auto industry in Q4 2023, with new job postings drop by 24% quarter-on-quarter. Sales and Related Occupations came in second with a share of 11% in Q4 2023, with new job postings dropping by 51% over the previous quarter.
The other prominent social responsibility roles include Management Occupations with a 10% share in Q4 2023, Architecture and Engineering Occupations with a 8% share of new job postings.
Top five companies in auto industry accounted for 33% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q4 2023 were Caliber Collision Centers, Penske Automotive Group, AutoNation, Tesla, and Penske Truck Leasing Co. Together they accounted for a combined share of 33% of all social responsibility-related new jobs in the auto industry.
Caliber Collision Centers posted 2,172 social responsibility-related new jobs in Q4 2023, Penske Automotive Group 925 jobs, AutoNation 870 jobs, Tesla 820 jobs, and Penske Truck Leasing Co 790 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 68.99% share of total new job postings, Q4 2023
The largest share of social responsibility-related new job postings in the auto industry in Q4 2023 was in the US with 68.99% followed by the UK (7.30%) and India (3.81%). The share represented by the US was seven percentage points lower than the 76.27% share it accounted for in Q3 2023.
For further understanding of GlobalData's Automotive: Hiring Trends & Signals Q4 2023, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
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.
