The global retail industry noticed a 34.0% drop in IT hiring activity in November 2022 over the previous month, led by Walmart’s 11.67% share, according to GlobalData’s Jobs Analytics database.
The retail industry’s overall hiring activity declined 7.3% when compared with October 2022.
Noticeably, IT jobs accounted for a 2.04% share of the global retail industry’s hiring activity in November 2022, down 1.37% over the last three-month average share.
According to GlobalData, IT job opportunities available at the end of November 2022 were 44.34% lower when compared with the previous month.
The decrease was a result of 73.12% higher job postings as compared to job closures during the month.
Software and Web Developers, Programmers, and Testers drive retail IT hiring activity
Software and Web Developers, Programmers, and Testers with a share of 54.11% emerged as the top IT occupation in the retail hiring activity in November 2022, a 58.03% decline over the previous month. Database and Network Administrators and Architects came in second with a share of 14.97% in November 2022, down 41.46% over the previous month.
The other prominent IT roles include Computer and Information Analysts with a 12.44% share in November 2022, a decline of 20.24% over the previous month, and Miscellaneous Computer Occupations with a 10.93% share in November 2022 and a drop of 24.94% over October 2022.
Top five retail companies by recruitment activity in November 2022
The top five companies, in terms of number of jobs as tracked by GlobalData, accounted for a combined average decline of 62.9% share in the overall IT recruitment activity of global retail industry during November 2022 over October 2022.
Walmart posted 318 IT jobs in November 2022 and registered a drop of 6.47% over the previous month, followed by Amazon with 316 jobs and an 84.7% decline. Inter IKEA Holding with 161 IT jobs and CVS Health with 125 jobs, recorded a 35.29% growth and a 17.22% drop, respectively, while Home Depot recorded a 35.14% rise with 100 job postings during November 2022.
Regional composition of IT hiring in retail industry
North America emerged as the leading region in the global retail IT hiring activity in November 2022 with a 62.47% share, which marked a 49.47% drop over the previous month.
Europe stood next with 24.47%, registering a 44.74% month-on-month decline. Asia-Pacific was the third leading region with an 11.26% share and a 52.7% drop over October 2022.
In the fourth place was Middle East & Africa with a share of 0.95% and a month-on-month drop of 55.93%. South & Central America stood at the bottom of the table with a share of 0.84%, registering a 70.13% decrease over the previous month.