The global packaging industry experienced a 22% drop in new job postings related to corporate governance in Q4 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 41% decrease versus Q4 2022. GlobalData’s Packaging: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the packaging industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for an 18% share of the global packaging industry’s corporate governance-related total new job postings in Q4 2023, down 26% over the prior quarter.
Management Occupations drive corporate governance-related hiring activity
Management Occupations, with a share of 18%, emerged as the top corporate governance-related job roles within the packaging industry in Q4 2023, with new job postings drop by 26% quarter-on-quarter. Production Occupations came in second with a share of 16% in Q4 2023, with new job postings dropping by 8% over the previous quarter.
The other prominent corporate governance roles include Office and Administrative Support Occupations with a 12% share in Q4 2023, Installation, Maintenance, and Repair Occupations with a 9% share of new job postings.
Top five companies in packaging industry accounted for 43% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q4 2023 were Graham Packaging Company, Pro Mach, Cascades, Orora, and EJ. Together they accounted for a combined share of 43% of all corporate governance-related new jobs in the packaging industry.
Graham Packaging Company posted 155 corporate governance-related new jobs in Q4 2023, Pro Mach 131 jobs, Cascades 67 jobs, Orora 62 jobs, and EJ 60 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 62.80% share of total new job postings, Q4 2023
The largest share of corporate governance-related new job postings in the packaging industry in Q4 2023 was in the US with 62.80% followed by Australia (9.69%) and Canada (5.67%). The share represented by the US was five percentage points lower than the 68.01% share it accounted for in Q3 2023.
For further understanding of GlobalData's Packaging: Hiring Trends & Signals Q4 2023, buy the report here.
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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 Job 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.
