The US auto industry experienced a 39% drop in new job postings in Q2 2023 compared with the previous quarter, with the highest share accounted for by Goodyear Tire & Rubber with 4,776 job postings according to GlobalData’s analysis of auto company job postings. GlobalData’s Automotive Megatrends and Market Analysis report provides valuable insights into the key megatrends shaping the automotive industry, major players like Apple, Baidu, and Cruise Automation, along with component forecasts. Buy the report here.
Notably, Installation, Maintenance, and Repair Occupations jobs accounted for a 20% share of the US’s auto industry new job postings in Q2 2023, down by 18% over the prior quarter.
Installation, Maintenance, and Repair Occupations drive auto hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Installation, Maintenance, and Repair Occupations, which accounted for 20% of the total new job postings in Q2 2023 and were down by 21% year-on-year. Second highest were Sales and Related Occupations, which accounted for 8% and drop by 78% year-on-year, and third highest were Management Occupations, which were 27% of the new job postings and 26% lower year-on-year.
Top five companies in auto accounted for 28% of hiring activity
The highest number of jobs were posted by Goodyear Tire & Rubber with 4,776, followed by AutoNation with 4,066, while the highest increase was at Penske at 12%.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
