The North American construction industry experienced an 11% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Black & Veatch with 29,234 job postings, according to GlobalData’s analysis of construction company job postings. Buy the report here.
Notably, Architecture and Engineering Occupations jobs accounted for a 17% share of the North American construction industry’s total new job postings in Q1 2023, rise 17% over the prior quarter.
Architecture and Engineering Occupations drive construction hiring activity
Architecture and Engineering Occupations, with a share of 17% new job postings, was the occupation with the greatest hiring activity in the North American construction industry in Q1 2023 , ahead of Management Occupations with a 14% share of new job postings.
The other prominent roles included Installation, Maintenance, and Repair Occupations with a 7% share in Q1 2023, Office and Administrative Support Occupations with a 6% share and Sales and Related Occupations with a 5% share of new job postings.
Top five companies accounted for 27% of hiring activity
Black & Veatch posted 29,234 jobs in Q1 2023 and registered a growth of 44% over the previous quarter, followed by CDM Smith with 14,961 jobs and a 44% drop. Mohawk Industries, with 6,122 jobs, and CBRE Group, with 4,532 jobs, recorded a 197% rise and an 83% rise, respectively, while Eaton recorded a 102% increase with a 4,141 new job postings during Q1 2023.
Regional analysis of hiring in the North American construction industry, Q1 2023
The US held the leading share of the North American construction hiring activity with a 92.97% share, an 11% decrease over Q4 2022. Canada was next with 5.51%, four-percentage-point down over the previous quarter.