The Singaporean consumer industry experienced a 10% drop in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by LVMH Moet Hennessy Louis Vuitton with 71 job postings according to GlobalData’s analysis of consumer company job postings. GlobalData’s Consumer: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the consumer industry, facilitating anticipation of future workforce needs. Buy the report here.
Smarter leaders trust GlobalData
Notably, Management Occupations jobs accounted for a 23% share of the Singaporean consumer industry new job postings in Q2 2024, down by 9% over the prior quarter.
Management Occupations drive consumer industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 23% of the total new job postings in Q2 2024 and were down by 18% year-on-year. Second highest were Office and Administrative Support Occupations, which accounted for 8% and drop by 7% year-on-year, and third highest were Sales and Related Occupations, which were 16% of the new job postings and 7% lower year-on-year.
Top five companies in consumer industry accounted for 28% of hiring activity
The highest number of jobs were posted by LVMH Moet Hennessy Louis Vuitton with 71, followed by Compagnie Financiere Richemont with 46, while the highest increase was at Chanel at 54%.
For further understanding of GlobalData's Consumer: Hiring Trends & Signals Q2 2024, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
