The US packaging industry experienced a 27% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by International Paper with 745 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 20% share of the US packaging industry new job postings in Q4 2023, down by 23% over the prior quarter.
Production Occupations drive packaging industry hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Production Occupations, which accounted for 20% of the total new job postings in Q4 2023 and were down by 53% year-on-year. Second highest were Office and Administrative Support Occupations, which accounted for 11% and drop by 58% year-on-year, and third highest were Transportation and Material Moving Occupations, which were 8% of the new job postings and 33% lower year-on-year.
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Top five companies in packaging industry accounted for 30% of hiring activity
The highest number of jobs were posted by International Paper with 745, followed by Berry Global Group with 459, while the highest increase was at Ball at 23%.
For further understanding of GlobalData's Packaging: Hiring Trends & Signals Q4 2023, 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 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.
