- Active jobs increased by 9% in Q1 2022 as compared to the previous quarter, while improving 52% year-on-year.
- Work models such as ‘remote work’, ‘hybrid work’ and ‘work from home’ were trending in Q1 2022.
- Technology, banking & payments, consumer and construction were trending in terms of active jobs.
After a dip in the latter part of Q4 2021, job postings were on the rise again in Q1 2022, according to GlobalData. The leading data and analytics company’s Job Analytics Database found that the number of active jobs increased by 9% in Q1 2022, while seeing a growth of 52% compared to the same quarter last year.
According to GlobalData’s latest report, ‘Global Hiring Activity Signals & Trends Q1 2022’, ‘remote work’, hybrid work’ and ‘work from home’ were all trending in Q1 2022. Technology, banking & payments, consumer and construction were trending 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, comments: “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.”
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.
‘Deal Making’ as a theme had the highest growth in posted jobs. L3Harris, Goodyear, Salesforce, Nestle, Cushman & Wakefield, and TotalEnergies are some of the companies that are looking at inorganic opportunities via M&A roles.
Sriprada adds: “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.”