The Indian construction industry experienced a 17% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by Jones Lang LaSalle with 1,352 job postings according to GlobalData’s analysis of construction company job postings. GlobalData’s Construction: Hiring Trends & Signals Q3 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. Buy the report here.
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Notably, Computer and Mathematical Occupations jobs accounted for a 21% share of the Indian construction industry new job postings in Q3 2023, down by 36% over the prior quarter.
Computer and Mathematical Occupations drive construction industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Computer and Mathematical Occupations, which accounted for 21% of the total new job postings in Q3 2023 and were down by 48% year-on-year. Second highest were Management Occupations, which accounted for 18% and drop by 32% year-on-year, and third highest were Architecture and Engineering Occupations, which were 38% of the new job postings and 56% lower year-on-year.
Top five companies in construction industry accounted for 45% of hiring activity
The highest number of jobs were posted by Jones Lang LaSalle with 1,352, followed by Honeywell International with 665, while the highest increase was at ABB at 47%.
For further understanding of GlobalData's Construction: Hiring Trends & Signals Q3 2023, buy the report here.
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