The global medical industry experienced a 6% drop in new job postings related to social responsibility in Q2 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 10% decrease versus Q2 2022. Buy the report here.
Notably, Management Occupations jobs accounted for a 15% share of the global medical industry’s social responsibility-related total new job postings in Q2 2023, down 12% over the prior quarter.
Management Occupations drive social responsibility-related hiring activity
Management Occupations, with a share of 15%, emerged as the top social responsibility-related job roles within the medical industry in Q2 2023, with new job postings drop by 12% quarter-on-quarter. Healthcare Practitioners and Technical Occupations came in second with a share of 8% in Q2 2023, with new job postings dropping by 0.29% over the previous quarter.
The other prominent social responsibility roles include Architecture and Engineering Occupations with a 7% share in Q2 2023, Installation, Maintenance, and Repair Occupations with a 6% share of new job postings.
Top five companies in medical industry accounted for 26% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2023 were Fresenius SE & Co, Koninklijke Philips, Option Care Enterprises, Abbott Laboratories, and Baxter International. Together they accounted for a combined share of 26% of all social responsibility-related new jobs in the medical industry.
Fresenius SE & Co posted 1,568 social responsibility-related new jobs in Q2 2023, Koninklijke Philips 1,018 jobs, Option Care Enterprises 574 jobs, Abbott Laboratories 540 jobs, and Baxter International 536 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 66.03% share of total new job postings, Q2 2023
The largest share of social responsibility-related new job postings in the medical industry in Q2 2023 was in the US with 66.03% followed by Germany (10.91%) and the UK (3.29%). The share represented by the US was three percentage points lower than the 69.05% share it accounted for in Q1 2023.