The global technology industry experienced a 5% drop in new job postings related to future of work in Q2 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to an 18% increase versus Q2 2023. GlobalData’s Technology: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the technology industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Computer and Mathematical Occupations jobs accounted for a 40% share of the global technology industry’s future of work-related total new job postings in Q2 2024, down 16% over the prior quarter.
Computer and Mathematical Occupations drive future of work-related hiring activity
Computer and Mathematical Occupations, with a share of 40%, emerged as the top future of work-related job roles within the technology industry in Q2 2024, with new job postings drop by 16% quarter-on-quarter. Management Occupations came in second with a share of 12% in Q2 2024, with new job postings dropping by 20% over the previous quarter.
The other prominent future of work roles include Architecture and Engineering Occupations with a 9% share in Q2 2024, Business and Financial Operations Occupations with a 5% share of new job postings.
Top five companies in technology industry accounted for 17% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Accenture, Oracle, Microsoft, Wipro, and Belcan. Together they accounted for a combined share of 17% of all future of work-related new jobs in the technology industry.
Accenture posted 7,185 future of work-related new jobs in Q2 2024, Oracle 2,245 jobs, Microsoft 2,194 jobs, Wipro 2,113 jobs, and Belcan 1,824 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 42.18% share of total new job postings, Q2 2024
The largest share of future of work-related new job postings in the technology industry in Q2 2024 was in the US with 42.18% followed by India (27.13%) and Canada (2.66%). The share represented by the US was one percentage point lower than the 42.99% share it accounted for in Q1 2024.
For further understanding of GlobalData's Technology: Hiring Trends & Signals Q2 2024, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
