The global retail industry experienced a 4% drop in new job postings related to artificial intelligence in Q4 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 3% decrease versus Q4 2022. GlobalData’s Retail: Hiring Trends & Signals Q4 2023 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.
Notably, Computer and Mathematical Occupations jobs accounted for a 34% share of the global retail industry’s artificial intelligence-related total new job postings in Q4 2023, up 9% over the prior quarter.
Computer and Mathematical Occupations drive artificial intelligence-related hiring activity
Computer and Mathematical Occupations, with a share of 34%, emerged as the top artificial intelligence-related job roles within the retail industry in Q4 2023, with new job postings rising by 9% quarter-on-quarter. Management Occupations came in second with a share of 18% in Q4 2023, with new job postings rising by 0.1% over the previous quarter.
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The other prominent artificial intelligence roles include Sales and Related Occupations with a 5% share in Q4 2023, Architecture and Engineering Occupations with a 4% share of new job postings.
Top five companies in retail industry accounted for 64% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q4 2023 were Amazon, Walmart, JD Sports Fashion, CVS Health, and Abercrombie & Fitch. Together they accounted for a combined share of 64% of all artificial intelligence-related new jobs in the retail industry.
Amazon posted 2,126 artificial intelligence-related new jobs in Q4 2023, Walmart 1,055 jobs, JD Sports Fashion 306 jobs, CVS Health 148 jobs, and Abercrombie & Fitch 147 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 59.15% share of total new job postings, Q4 2023
The largest share of artificial intelligence-related new job postings in the retail industry in Q4 2023 was in the US with 59.15% followed by the UK (10.61%) and India (4.64%). The share represented by the US was three percentage points higher than the 56.26% share it accounted for in Q3 2023.
For further understanding of GlobalData's Retail: Hiring Trends & Signals Q4 2023, buy the report here.
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