The European construction industry experienced a 24% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Kier Group with 5,315 job postings, according to GlobalData’s analysis of construction company job postings. GlobalData’s Western Europe Infrastructure Market report provides detailed analysis as well as historical figures and forecasts of revenue of market share by sectors and countries. It includes comprehensive insights into output values and project pipelines in the Western Europe infrastructure constructio Buy the report here.
Notably, Management Occupations jobs accounted for a 13% share of the European construction industry’s total new job postings in Q1 2023, drop 15% over the prior quarter.
Management Occupations drive construction hiring activity
Management Occupations, with a share of 13% new job postings, was the occupation with the greatest hiring activity in the European construction industry in Q1 2023 , ahead of Architecture and Engineering Occupations with a 10% share of new job postings.
The other prominent roles included Computer and Mathematical Occupations with a 6% share in Q1 2023, Office and Administrative Support Occupations with a 4% share and Business and Financial Operations Occupations with a 4% share of new job postings.
Top five companies accounted for 24% of hiring activity
Kier Group posted 5,315 jobs in Q1 2023 and registered a decline of 51% over the previous quarter, followed by Compagnie de Saint-Gobain with 3,531 jobs and a 2% growth. Vinci, with 2,986 jobs, and COWI, with 1,681 jobs, recorded a 41% drop and an 82% rise, respectively, while Bilfinger recorded a 58% decline with a 1,604 new job postings during Q1 2023.
Regional analysis of hiring in the European construction industry, Q1 2023
The UK held the leading share of the European construction hiring activity with a 38.76% share, a 21% decrease over Q4 2022. France was next with 15.76%, four-percentage-point down over the previous quarter.
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