The North American retail industry experienced a 38% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Walgreens Boots Alliance with 28,706 job postings, according to GlobalData’s analysis of retail company job postings. Buy the report here.
Notably, Sales and Related Occupations jobs accounted for a 28% share of the North American retail industry’s total new job postings in Q1 2023, drop 37% over the prior quarter.
Sales and Related Occupations drive retail hiring activity
Sales and Related Occupations, with a share of 28% new job postings, was the occupation with the greatest hiring activity in the North American retail industry in Q1 2023 , ahead of Office and Administrative Support Occupations with an 8% share of new job postings.
The other prominent roles included Management Occupations with a 7% share in Q1 2023, Transportation and Material Moving Occupations with a 6% share and Healthcare Practitioners and Technical Occupations with a 5% share of new job postings.
Top five companies accounted for 24% of hiring activity
Walgreens Boots Alliance posted 28,706 jobs in Q1 2023 and registered a decline of 59% over the previous quarter, followed by Pilot Travel Centers with 23,861 jobs and a 36% drop. Walmart, with 18,000 jobs, and GPM Investments, with 16,458 jobs, recorded a 70% drop and a 10% rise, respectively, while Macy's recorded a 12% decline with a 16,438 new job postings during Q1 2023.
Regional analysis of hiring in the North American retail industry, Q1 2023
The US held the leading share of the North American retail hiring activity with a 97.62% share, a 37% decrease over Q4 2022. Canada was next with 2.25%, four-percentage-point down over the previous quarter.