The global consumer industry experienced a 23% drop in new job postings related to health & wellness in Q4 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to an 18% increase versus Q4 2022. GlobalData’s Consumer: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the consumer industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Transportation and Material Moving Occupations jobs accounted for a 26% share of the global consumer industry’s health & wellness-related total new job postings in Q4 2023, down 31% over the prior quarter.
Transportation and Material Moving Occupations drive health & wellness-related hiring activity
Transportation and Material Moving Occupations, with a share of 26%, emerged as the top health & wellness-related job roles within the consumer industry in Q4 2023, with new job postings drop by 31% quarter-on-quarter. Management Occupations came in second with a share of 13% in Q4 2023, with new job postings rising by 5% over the previous quarter.
The other prominent health & wellness roles include Office and Administrative Support Occupations with a 10% share in Q4 2023, Production Occupations with a 6% share of new job postings.
Top five companies in consumer industry accounted for 58% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q4 2023 were Performance Food Group, Peloton Interactive, Body Shop International, ASICS, and LVMH Moet Hennessy Louis Vuitton. Together they accounted for a combined share of 58% of all health & wellness-related new jobs in the consumer industry.
Performance Food Group posted 2,931 health & wellness-related new jobs in Q4 2023, Peloton Interactive 317 jobs, Body Shop International 294 jobs, ASICS 267 jobs, and LVMH Moet Hennessy Louis Vuitton 218 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 74.00% share of total new job postings, Q4 2023
The largest share of health & wellness-related new job postings in the consumer industry in Q4 2023 was in the US with 74.00% followed by Japan (3.86%) and Germany (3.83%). The share represented by the US was nine percentage points lower than the 82.90% share it accounted for in Q3 2023.
For further understanding of GlobalData's Consumer: 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.
