The US apparel industry experienced a 39% 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. Key aspects of the United States apparel market, including market sizing and trend analysis by segment (value & volume), price positioning, and leading brands in the clothing and footwear categories are covered in GlobalData’s United States (US) Apparel Market report. Buy the report here.
Notably, Sales and Related Occupations jobs accounted for a 34% share of the US’s apparel industry new job postings in Q1 2023, down by 43% over the prior quarter.
Sales and Related Occupations drive apparel hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Sales and Related Occupations, which accounted for 34% of the total new job postings in Q1 2023 and were down by 58% year-on-year. Second highest were Management Occupations, which accounted for 7% and drop by 60% year-on-year, and third highest were Office and Administrative Support Occupations, which were 13% of the new job postings and 38% lower year-on-year.
Top five companies in apparel accounted for 39% of hiring activity
The highest number of jobs were posted by Walmart with 18,000, followed by Macy's with 16,438, while the highest increase was at TJX at 1%.
For further understanding of GlobalData's United States (US) Apparel Market , buy the report here.