The European construction industry experienced a 2% drop in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by Compagnie de Saint-Gobain with 3,840 job postings, according to GlobalData’s analysis of construction company job postings. GlobalData’s Construction: Hiring Trends & Signals Q2 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 an 11% share of the European construction industry’s total new job postings in Q2 2024, rise 2% over the prior quarter.
Management Occupations drive construction industry hiring activity
Management Occupations, with a share of 11% new job postings, was the occupation with the greatest hiring activity in the European construction industry in Q2 2024 , ahead of Architecture and Engineering Occupations with a 7% share of new job postings.
The other prominent roles included Computer and Mathematical Occupations with a 5% share in Q2 2024, Office and Administrative Support Occupations with a 4% share and Business and Financial Operations Occupations with a 3% share of new job postings.
Top five companies accounted for 18% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 18% of the overall hiring activity in the European construction industry in Q2 2024.
Compagnie de Saint-Gobain posted 3,840 jobs in Q2 2024 and registered a growth of 8% over the previous quarter, followed by Vinci with 2,244 jobs and a 51% drop. Strabag, with 1,862 jobs, and AFRY, with 1,828 jobs, recorded a 14% drop and a 13% rise, respectively, while AECOM recorded a 39% decline with a 1,683 new job postings during Q2 2024.
Regional analysis of hiring in the European construction industry, Q2 2024
The UK held the leading share of the European construction hiring activity with a 31.03% share, a 3% increase over Q1 2024. Germany was next with 21.83%, four-percentage-point up over the previous quarter.
For further understanding of GlobalData's Construction: Hiring Trends & Signals Q2 2024, buy the report here.
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