The North American retail industry experienced a 16% rise in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by Walmart with 44,140 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 25% share of the North American retail industry’s total new job postings in Q2 2024, rise 12% over the prior quarter.
Sales and Related Occupations drive retail industry hiring activity
Sales and Related Occupations, with a share of 25% new job postings, was the occupation with the greatest hiring activity in the North American retail industry in Q2 2024 , ahead of Office and Administrative Support Occupations with a 7% share of new job postings.
The other prominent roles included Healthcare Practitioners and Technical Occupations with a 7% share in Q2 2024, Management Occupations with a 6% share and Production Occupations with a 6% share of new job postings.
Top five companies accounted for 27% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 27% of the overall hiring activity in the North American retail industry in Q2 2024.
Walmart posted 44,140 jobs in Q2 2024 and registered a decline of 21% over the previous quarter, followed by Walgreens Boots Alliance with 42,894 jobs and a 12% growth. CVS Health, with 39,223 jobs, and Lowe's, with 35,715 jobs, recorded a 16% rise and a 12% rise, respectively, while Albertsons recorded a 43% increase with a 28,244 new job postings during Q2 2024.
Regional analysis of hiring in the North American retail industry, Q2 2024
The US held the leading share of the North American retail hiring activity with a 95.10% share, a 15% increase over Q1 2024. Canada was next with 4.79%, four-percentage-point up over the previous quarter.
For further understanding of GlobalData's Retail: Hiring Trends & Signals Q2 2024, buy the report here.
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