The global auto industry experienced a 25% drop in new job postings in Q2 2023 compared with the previous quarter, with the highest share accounted for by Robert Bosch with 10,151 job postings according to GlobalData’s analysis of auto company job postings. Buy the report here.
Notably, Installation, Maintenance, and Repair Occupations jobs accounted for a 12% share of the global auto industry’s new job postings in Q2 2023, down 18% over the prior quarter.
Installation, Maintenance, and Repair Occupations drive auto hiring activity
Installation, Maintenance, and Repair Occupations, with a share of 12%, was the occupation with the greatest hiring activity in the global auto industry in Q2 2023, ahead of Management Occupations with an 8% share of job postings.
The other prominent roles include Computer and Mathematical Occupations with a 7% share in Q2 2023, Architecture and Engineering Occupations with an 8% share and Sales and Related Occupations with a 6% share of new job postings.
Top five companies in auto industry accounted for 20% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 20% share of the overall hiring activity in the global auto industry in Q2 2023.
Robert Bosch posted 10,151 jobs in Q2 2023 and registered a growth of 25% over the previous quarter, followed by Goodyear Tire & Rubber with 5,359 jobs and a 143% growth. Tesla with 4,974 jobs and Continental with 4,351 jobs, recorded a 44% decline and a 269% rise, respectively, while AutoNation recorded a 32% rise with 4,066 job postings during Q2 2023.
Hiring activity was driven by North America with a 54% share of total new job postings, Q2 2023
North America held the leading share of the new job postings in the global auto industry with a 54% share, a 9% lower over Q1 2023. Europe stood next with 30%, registering a 4% decline over the previous quarter.
Asia-Pacific with a 14% share marked a 7% drop over Q1 2023. The South & Central America and Middle East & Africa accounted for shares of 4% and 7% respectively.