The Chinese construction industry experienced a 46% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by Country Garden with 939 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 an 11% share of the Chinese construction industry new job postings in Q3 2023, down by 55% 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 11% of the total new job postings in Q3 2023 and were down by 57% year-on-year. Second highest were Architecture and Engineering Occupations, which accounted for 9% and drop by 46% year-on-year, and third highest were Sales and Related Occupations, which were 16% of the new job postings and 23% lower year-on-year.
Top five companies in construction industry accounted for 55% of hiring activity
The highest number of jobs were posted by Country Garden with 939, followed by Jones Lang LaSalle with 351, while the highest increase was at ABB at 8%.
For further understanding of GlobalData's Construction: Hiring Trends & Signals Q3 2023, buy the report here.