The European retail industry experienced a 4% drop in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by Aldi Einkauf with 29,162 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 10% share of the European retail industry’s total new job postings in Q2 2024, rise 4% over the prior quarter.
Sales and Related Occupations drive retail industry hiring activity
Sales and Related Occupations, with a share of 10% new job postings, was the occupation with the greatest hiring activity in the European retail industry in Q2 2024 , ahead of Office and Administrative Support Occupations with a 9% share of new job postings.
The other prominent roles included Management Occupations with a 5% share in Q2 2024, Transportation and Material Moving Occupations with a 4% share and Production Occupations with a 4% share of new job postings.
Top five companies accounted for 45% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 45% of the overall hiring activity in the European retail industry in Q2 2024.
Aldi Einkauf posted 29,162 jobs in Q2 2024 and registered a growth of 14% over the previous quarter, followed by Tesco with 11,944 jobs and a 5% growth. REWE Group, with 9,990 jobs, and Amazon, with 5,016 jobs, recorded a 62% drop and 0.95% drop, respectively, while H & M Hennes & Mauritz recorded a 67% increase with a 3,810 new job postings during Q2 2024.
Regional analysis of hiring in the European retail industry, Q2 2024
The UK held the leading share of the European retail hiring activity with a 43.23% share, a 12% increase over Q1 2024. Germany was next with 21.52%, four-percentage-point down over the previous quarter.
For further understanding of GlobalData's Retail: Hiring Trends & Signals Q2 2024, buy the report here.
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