The British retail industry experienced a 25% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by Tesco with 12,713 job postings according to GlobalData’s analysis of retail company job postings. 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, Office and Administrative Support Occupations jobs accounted for a 15% share of the British retail industry new job postings in Q4 2023, up by 10% over the prior quarter.
Office and Administrative Support Occupations drive retail industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Office and Administrative Support Occupations, which accounted for 15% of the total new job postings in Q4 2023 and were up by 34% year-on-year. Second highest were Sales and Related Occupations, which accounted for 13% and drop by 42% year-on-year, and third highest were Production Occupations, which were 6% of the new job postings and 52% higher year-on-year.
Top five companies in retail industry accounted for 53% of hiring activity
The highest number of jobs were posted by Tesco with 12,713, followed by Next with 3,871, while the highest increase was at Walgreens Boots Alliance at 41%.
For further understanding of GlobalData's Retail: Hiring Trends & Signals Q4 2023, 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.
