How did hiring in the US auto industry perform in Q4 2023?

The US auto industry experienced a 40% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by Tesla with 4,361 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 16% share of the US auto industry new job postings in Q4 2023, down by 41% 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 16% of the total new job postings in Q4 2023 and were down by 68% year-on-year. Second highest were Sales and Related Occupations, which accounted for 10% and drop by 84% year-on-year, and third highest were Architecture and Engineering Occupations, which were 14% of the new job postings and 44% lower year-on-year.

Top five companies in auto industry accounted for 32% of hiring activity

The highest number of jobs were posted by Tesla with 4,361, followed by Genuine Parts with 3,054, while the highest increase was at Lithia Motors at 17%.

For further understanding of GlobalData's Automotive: Hiring Trends & Signals Q4 2023, buy the report here.

Source: https://www.just-auto.com/dashboard/jobs/hiring-us-auto-industry/