The Asia-Pacific aerospace, defence and security industry experienced an 11% drop in new job postings in Q1 2023 compared with the previous quarter, with the highest share accounted for by Raytheon Technologies with 1,651 job postings, according to GlobalData’s analysis of aerospace, defence and security company job postings. Buy the report here.
Notably, Computer and Mathematical Occupations jobs accounted for a 15% share of the Asia-Pacific aerospace, defence and security industry’s total new job postings in Q1 2023, drop 29% over the prior quarter.
Computer and Mathematical Occupations drive aerospace, defence and security hiring activity
Computer and Mathematical Occupations, with a share of 15% new job postings, was the occupation with the greatest hiring activity in the Asia-Pacific aerospace, defence and security industry in Q1 2023 , ahead of Architecture and Engineering Occupations with a 12% share of new job postings.
The other prominent roles included Management Occupations with a 10% share in Q1 2023, Business and Financial Operations Occupations with a 4% share and Office and Administrative Support Occupations with a 4% share of new job postings.
Top five companies accounted for 64% of hiring activity
Raytheon Technologies posted 1,651 jobs in Q1 2023 and registered a growth of 172% over the previous quarter, followed by Thales with 617 jobs and a 26% drop. Airbus, with 424 jobs, and BAE Systems, with 396 jobs, recorded a 3% drop and a 1% rise, respectively, while Elettronica recorded a 58% decline with a 315 new job postings during Q1 2023.
Regional analysis of hiring in the Asia-Pacific aerospace, defence and security industry, Q1 2023
India held the leading share of the Asia-Pacific aerospace, defence and security hiring activity with a 56.42% share, 0.56% decrease over Q4 2022. Australia was next with 17.30%, four-percentage-point down over the previous quarter.