The global auto industry experienced an 11% drop in new job postings related to future of work in Q2 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 25% decrease versus Q2 2023. GlobalData’s Automotive: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the automotive industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Computer and Mathematical Occupations jobs accounted for a 16% share of the global auto industry’s future of work-related total new job postings in Q2 2024, up 2% over the prior quarter.
Computer and Mathematical Occupations drive future of work-related hiring activity
Computer and Mathematical Occupations, with a share of 16%, emerged as the top future of work-related job roles within the auto industry in Q2 2024, with new job postings rising by 2% quarter-on-quarter. Architecture and Engineering Occupations came in second with a share of 13% in Q2 2024, with new job postings dropping by 14% over the previous quarter.
The other prominent future of work roles include Production Occupations with a 7% share in Q2 2024, Management Occupations with a 7% share of new job postings.
Top five companies in auto industry accounted for 31% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Robert Bosch, Continental, Ford Motor, General Motors, and ZF Friedrichshafen. Together they accounted for a combined share of 31% of all future of work-related new jobs in the auto industry.
Robert Bosch posted 1,142 future of work-related new jobs in Q2 2024, Continental 747 jobs, Ford Motor 740 jobs, General Motors 379 jobs, and ZF Friedrichshafen 303 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 49.39% share of total new job postings, Q2 2024
The largest share of future of work-related new job postings in the auto industry in Q2 2024 was in the US with 49.39% followed by India (13.52%) and Germany (6.56%). The share represented by the US was one percentage point lower than the 50.35% share it accounted for in Q1 2024.
For further understanding of GlobalData's Automotive: Hiring Trends & Signals Q2 2024, buy the report here.
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