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July 22, 2022

North America sees jump in hiring for food industry fintech roles

Some parts of the world are investing more heavily in fintech roles than others.

By Data Journalism Team

North America extended its dominance for fintech hiring among food industry companies in the three months ending May, GlobalData says.

The number of roles in North America made up 51.3% of total fintech jobs – up from 27.7% in the same quarter last year.

That was followed by Asia-Pacific, which saw a 2.1 year-on-year percentage point change in fintech roles.

GlobalData tracks the number of new job postings from key companies in various sectors over time. Using textual analysis, these job advertisements are then classified thematically. The data and analytics group, Just Foods parent company, seeks to group key company information by topic to see which companies are best placed to weather the disruptions coming to their industries.

By tracking the themes across job advertisements, GlobalData says it can see which companies are leading the way on specific issues and which are dragging their heels – and importantly where the market is expanding and contracting.

Which countries are seeing the most growth for fintech job ads in the food industry?

The fastest growing country was the US, which accounted for 46.1% of the open jobs in the three months ending May this year, up from 28%.

That was followed by Canada (up 5.2 percentage points), India (3.5), and China (3.2).

Which cities and locations are the biggest hubs for fintech workers in the food industry?

Some 9.6% of all food industry fintech roles were advertised in Sofia (Bulgaria) in the three months ending May.

That was followed by the US city of Columbia with 8.7%, Nanjing (China) with 7.8%, and Bengaluru (India) with 7%.

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