The global food service industry experienced a 20% 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 a 15% decrease versus Q2 2023. Buy the report here.
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Notably, Food Preparation and Serving Related Occupations jobs accounted for a 28% share of the global food service industry’s future of work-related total new job postings in Q2 2024, down 13% over the prior quarter.
Food Preparation and Serving Related Occupations drive future of work-related hiring activity
Food Preparation and Serving Related Occupations, with a share of 28%, emerged as the top future of work-related job roles within the food service industry in Q2 2024, with new job postings drop by 13% quarter-on-quarter. Management Occupations came in second with a share of 15% in Q2 2024, with new job postings dropping by 31% over the previous quarter.
The other prominent future of work roles include Computer and Mathematical Occupations with a 9% share in Q2 2024, Installation, Maintenance, and Repair Occupations with a 7% share of new job postings.
Top five companies in food service industry accounted for 61% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Mitchells & Butlers, Aimbridge Hospitality, HelloFresh, McDonald's, and University of Texas at Austin Division of Housing and Food Service. Together they accounted for a combined share of 61% of all future of work-related new jobs in the food service industry.
Mitchells & Butlers posted 367 future of work-related new jobs in Q2 2024, Aimbridge Hospitality 168 jobs, HelloFresh 142 jobs, McDonald's 127 jobs, and University of Texas at Austin Division of Housing and Food Service 81 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 52.73% share of total new job postings, Q2 2024
The largest share of future of work-related new job postings in the food service industry in Q2 2024 was in the US with 52.73% followed by the UK (31.79%) and Canada (3.73%). The share represented by the US was one percentage point higher than the 52.11% share it accounted for in Q1 2024.
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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.
