The global construction industry experienced a 20% drop in new job postings related to social responsibility in Q2 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 14% decrease versus Q2 2022. The key social themes, commitment details of leading companies to social responsibility, and discussions and hiring activity for social responsibility in Construction and 15 other key sectors are covered in GlobalData’s Social Responsibility Trends by Sector 鈥� Thematic Intelligence report.
Notably, Management Occupations jobs accounted for a 19% share of the global construction industry’s social responsibility-related total new job postings in Q2 2023, down 30% over the prior quarter.
Management Occupations drive social responsibility-related hiring activity
Management Occupations, with a share of 19%, emerged as the top social responsibility-related job roles within the construction industry in Q2 2023, with new job postings drop by 30% quarter-on-quarter. Architecture and Engineering Occupations came in second with a share of 9% in Q2 2023, with new job postings dropping by 36% over the previous quarter.
The other prominent social responsibility roles include Installation, Maintenance, and Repair Occupations with an 8% share in Q2 2023, Construction and Extraction Occupations with a 6% share of new job postings.
Top five companies in construction industry accounted for 16% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2023 were , , , Black & Veatch, and Avenue5 Residential. Together they accounted for a combined share of 16% of all social responsibility-related new jobs in the construction industry.
posted 2,415 social responsibility-related new jobs in Q2 2023, 2,059 jobs, 1,280 jobs, Black & Veatch 1,131 jobs, and Avenue5 Residential 932 jobs, according to GlobalData鈥檚 Job Analytics.
Hiring activity was driven by the US with a 58.64% share of total new job postings, Q2 2023
The largest share of social responsibility-related new job postings in the construction industry in Q2 2023 was in the US with 58.64% followed by the UK (16.06%) and Canada (5.72%). The share represented by the US was 0 percentage points lower than the 59.08% share it accounted for in Q1 2023.
To further understand GlobalData's analysis on Social Responsibility Trends by Sector 鈥� Thematic Intelligence
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