The Singaporean sports industry experienced a 16% drop in new job postings in Q2 2023 compared with the previous quarter, with the highest share accounted for by Singapore Telecommunications with 1,240 job postings according to GlobalData’s analysis of sports company job postings. GlobalData’s Sport Trends and Predictions 2023 report analyses significant trends that influence the sport sector. It provides insights into the market landscape, financial growth prospects, and the current outlook for the future of trends such as cryptocurrency and the metaverse. Buy the report here.
Notably, Management Occupations jobs accounted for a 21% share of the Singaporean’s sports industry new job postings in Q2 2023, down by 17% over the prior quarter.
Management Occupations drive sports hiring activity
Of the industry's total hiring activity, the highest number of new job postings were for Management Occupations, which accounted for 21% of the total new job postings in Q2 2023 and were down by 43% year-on-year. Second highest were Computer and Mathematical Occupations, which accounted for 14% and drop by 52% year-on-year, and third highest were Business and Financial Operations Occupations, which were 21% of the new job postings and 54% lower year-on-year.
Top five companies in sports accounted for 33% of hiring activity
The highest number of jobs were posted by Singapore Telecommunications with 1,240, followed by Standard Chartered with 468, while the highest increase was at Marriott International at 49%.
For further understanding of GlobalData's Sport Trends and Predictions 2023 – Thematic Intelligence, buy the report here.