The Canadian construction industry experienced a 21% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by SNC-Lavalin Group with 579 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.
Notably, Management Occupations jobs accounted for a 12% share of the Canadian construction industry new job postings in Q3 2023, down by 19% over the prior quarter.
Management Occupations drive construction industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 12% of the total new job postings in Q3 2023 and were down by 68% year-on-year. Second highest were Architecture and Engineering Occupations, which accounted for 10% and drop by 59% year-on-year, and third highest were Construction and Extraction Occupations, which were 17% of the new job postings and 63% lower year-on-year.
Top five companies in construction industry accounted for 25% of hiring activity
The highest number of jobs were posted by SNC-Lavalin Group with 579, followed by AECOM with 475, while the highest increase was at Toromont Industries at 98%.
For further understanding of GlobalData's Construction: Hiring Trends & Signals Q3 2023, buy the report here.