The North American apparel industry experienced a 38% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Walmart with 18,000 job postings, according to GlobalData’s analysis of apparel company job postings. GlobalData’s Americas Apparel Market report offers a forward-looking analysis of the market including segment level current and forecast data up to 2026. It highlights the key competitors in each of the sectors as well as for total apparel market. Buy the report here.
Notably, Sales and Related Occupations jobs accounted for a 33% share of the North American apparel industry’s total new job postings in Q1 2023, drop 42% over the prior quarter.
Sales and Related Occupations drive apparel hiring activity
Sales and Related Occupations, with a share of 33% new job postings, was the occupation with the greatest hiring activity in the North American apparel industry in Q1 2023 , ahead of Management Occupations with a 7% share of new job postings.
The other prominent roles included Office and Administrative Support Occupations with a 5% share in Q1 2023, Transportation and Material Moving Occupations with a 4% share and Arts, Design, Entertainment, Sports, and Media Occupations with a 3% share of new job postings.
Top five companies accounted for 38% of hiring activity
Walmart posted 18,000 jobs in Q1 2023 and registered a decline of 70% over the previous quarter, followed by Macy's with 16,438 jobs and a 12% drop. TJX, with 11,945 jobs, and Abercrombie & Fitch, with 8,640 jobs, recorded a 1% rise and a 25% drop, respectively, while Gap recorded a 23% decline with a 7,463 new job postings during Q1 2023.
Regional analysis of hiring in the North American apparel industry, Q1 2023
The US held the leading share of the North American apparel hiring activity with a 97.48% share, a 39% decrease over Q4 2022. Canada was next with 2.27%, four-percentage-point down over the previous quarter.
For further understanding of GlobalData's Americas Apparel Market Size and Trend Analysis by Category (Womenswear, Menswear, Childrenswear, Footwear and Accessories), Brand Shares and Forecasts, 2021-2026, buy the report here.