The Canadian auto industry experienced a 38% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by Canadian Tire with 235 job postings according to GlobalData’s analysis of auto company job postings. GlobalData’s Automotive: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the automotive industry, facilitating anticipation of future workforce needs. Buy the report here.
Notably, Installation, Maintenance, and Repair Occupations jobs accounted for a 12% share of the Canadian auto industry new job postings in Q4 2023, down by 29% over the prior quarter.
Installation, Maintenance, and Repair Occupations drive auto industry 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 12% of the total new job postings in Q4 2023 and were down by 35% year-on-year. Second highest were Management Occupations, which accounted for 12% and drop by 32% year-on-year, and third highest were Architecture and Engineering Occupations, which were 20% of the new job postings and 23% lower year-on-year.
Top five companies in auto industry accounted for 54% of hiring activity
The highest number of jobs were posted by Canadian Tire with 235, followed by Magna International with 219, while the highest increase was at Plastal at 22%.
For further understanding of GlobalData's Automotive: Hiring Trends & Signals Q4 2023, buy the report here.
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