The US retail industry experienced a 37% 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. GlobalData’s United States of America (USA) Retail Market report provides both the historic and forecast market data of total retail sales in United States, while summarising the trends by value and leading retailers in individual sectors. Buy the report here.
Notably, Sales and Related Occupations jobs accounted for a 28% share of the US’s retail industry new job postings in Q1 2023, down by 37% over the prior quarter.
Sales and Related Occupations drive retail hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Sales and Related Occupations, which accounted for 28% of the total new job postings in Q1 2023 and were down by 45% year-on-year. Second highest were Office and Administrative Support Occupations, which accounted for 8% and drop by 26% year-on-year, and third highest were Management Occupations, which were 38% of the new job postings and 37% lower year-on-year.
Top five companies in retail accounted for 25% of hiring activity
The highest number of jobs were posted by Walgreens Boots Alliance with 28,706, followed by Pilot Travel Centers with 23,861, while the highest increase was at Walmart at 70%.
For further understanding of GlobalData's United States of America (USA) Retail Market, buy the report here.