The North American packaging industry experienced a 26% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by International Paper with 760 job postings, according to GlobalData’s analysis of packaging company job postings. GlobalData’s Packaging: Hiring Trends & Signals Q4 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the packaging industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Production Occupations jobs accounted for a 19% share of the North American packaging industry’s total new job postings in Q4 2023, drop 23% over the prior quarter.
Production Occupations drive packaging industry hiring activity
Production Occupations, with a share of 19% new job postings, was the occupation with the greatest hiring activity in the North American packaging industry in Q4 2023 , ahead of Office and Administrative Support Occupations with an 11% share of new job postings.
The other prominent roles included Transportation and Material Moving Occupations with a 10% share in Q4 2023, Installation, Maintenance, and Repair Occupations with a 10% share and Management Occupations with an 8% share of new job postings.
Top five companies accounted for 32% of hiring activity
International Paper posted 760 jobs in Q4 2023 and registered a decline of 41% over the previous quarter, followed by Cascades with 700 jobs and an 8% growth. Ball, with 519 jobs, and Berry Global Group, with 459 jobs, recorded a 19% drop and a 2% rise, respectively, while Pactiv Evergreen recorded a 6% decline with a 445 new job postings during Q4 2023.
Regional analysis of hiring in the North American packaging industry, Q4 2023
The US held the leading share of the North American packaging hiring activity with a 91.90% share, a 27% decrease over Q3 2023. Canada was next with 6.05%, four-percentage-point up over the previous quarter.
For further understanding of GlobalData's Packaging: Hiring Trends & Signals Q4 2023, buy the report here.
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GlobalData’s Job 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.
