Active jobs available across the globe trended upwards by 9 per cent in Q1 2022 as compared to the previous quarter, while seeing a growth of 52 per cent year-on-year, according to GlobalData.
The growth in active jobs in the first quarter was buoyed by the massive increase in job postings in January 2022, which offset the decline in job postings in the ensuing months triggered by the impact of the Russia-Ukraine war during the period under review.
The number of companies that sought a ‘recruiter’ in January 2022, jumped up by 30 per cent compared with that of the previous month. The number of job advertisements and job advert disclosures globally, totaled 1.9 million in January 2022 alone, representing a 7 per cent increase from that of the previous month.
According to GlobalData’s latest report, ‘Global Hiring Activity Signals & Trends Q1 2022’, ‘remote work’, ‘hybrid work’ and ‘work from home’, were the work models that saw an uptrend in hiring activity in Q1 2022. This means hiring companies posted job adverts soliciting for workers who favored these work models.
Additionally, jobs within the technology, banking & payments, consumer and construction space saw an uptrend in terms of active jobs, while remote work models in particular were trending in the technology, banking & payments and insurance sectors.
Sherla Sriprada, Business Fundamentals Analyst at GlobalData, said:
“There was a notable increase in the number of job postings providing a sign-on bonus as companies were vying for the right talent. Companies are also mitigating skilled labor shortages through work models such as remote and hybrid working along with employment options such as limited-period contracts and freelancing.”
Sherla
Key Recruiters In Q1 2022
Amazon Web Services, Alphabet, and Samsung were some of the key recruiters in the technology sector. These companies advertised newly created senior roles related to cloud, environmental, social and governance (ESG), customer experience, sales, mergers and acquisitions (M&A) and investment.
Sectors with low number of job postings included the oil and gas, power and mining, Aerospace, Defence & Security, Insurance, Travel & Tourism, medical and automotive, according to GlobalData.
‘Deal making’ as a theme had the highest growth in posted jobs. L3Harris, Goodyear, SalesForce, Nestle, Cushman and Wakefield, and TotalEnergies are some of the companies that are looking at inorganic opportunities via mergers and Acquisitions.
“ESG continued to gain traction during Q1 2022. JPMorgan, GitHub, Cushman & Wakefield, Procter & Gamble, and Bank of America were some of the companies hiring for ESG-related roles, with a focus on sustainable investments, environmental transitions, and diversity & inclusion. GlobalData’s Job Analytics Database found that companies are posting jobs to build sustainable framework and roadmaps to meet specific goals from the 17 Sustainable Development Goals.”
Sherla
In identifying active job postings, GlobalData used advanced “spidering techniques” to crawl jobs directly from company career pages made available to the end user after curation with almost 20 parameters. GlobalData used AI and machine learning techniques to identify and tag themes to job posting.
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