The German construction industry experienced a 29% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by with 1,690 job postings according to GlobalData鈥檚 analysis of construction company job postings. GlobalData’s Construction: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the construction industry, facilitating anticipation of future workforce needs.
Notably, Office and Administrative Support Occupations jobs accounted for a 7% share of the German construction industry new job postings in Q4 2023, down by 31% over the prior quarter.
Office and Administrative Support Occupations drive construction industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Office and Administrative Support Occupations, which accounted for 7% of the total new job postings in Q4 2023 and were down by 3% year-on-year. Second highest were Management Occupations, which accounted for 7% and drop by 34% year-on-year, and third highest were Installation, Maintenance, and Repair Occupations, which were 40% of the new job postings and 41% lower year-on-year.
Top five companies in construction industry accounted for 45% of hiring activity
The highest number of jobs were posted by with 1,690, followed by Grupo Industrial Saltillo with 637, while the highest increase was at at 148%.
For further understanding of GlobalData's Construction: Hiring Trends & Signals Q4 2023,
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