The Australian construction industry experienced a 41% rise in new job postings in Q1 2024 compared with the previous quarter, with the highest share accounted for by Stockland with 3,192 job postings according to GlobalData’s analysis of construction company job postings. GlobalData’s Construction: Hiring Trends & Signals Q1 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the construction industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Management Occupations jobs accounted for a 20% share of the Australian construction industry new job postings in Q1 2024, up by 52% over the prior quarter.
Management Occupations drive construction industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 20% of the total new job postings in Q1 2024 and were up by 17% year-on-year. Second highest were Office and Administrative Support Occupations, which accounted for 7% and rise by 24% year-on-year, and third highest were Architecture and Engineering Occupations, which were 10% of the new job postings and 7% lower year-on-year.
Top five companies in construction industry accounted for 48% of hiring activity
The highest number of jobs were posted by Stockland with 3,192, followed by Fletcher Building with 618, while the highest increase was at Ventia Services Group at 34%.
For further understanding of GlobalData's Construction: Hiring Trends & Signals Q1 2024, buy the report here.
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