The global oil and gas industry experienced a 16% drop in new job postings related to electric vehicles in Q3 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 35% increase versus Q3 2022. GlobalData’s Oil & Gas: Hiring Trends & Signals Q3 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the oil & gas industry, facilitating anticipation of future workforce needs. Buy the report here.
Notably, Architecture and Engineering Occupations jobs accounted for a 13% share of the global oil and gas industry’s electric vehicles-related total new job postings in Q3 2023, down 16% over the prior quarter.
Architecture and Engineering Occupations drive electric vehicles-related hiring activity
Architecture and Engineering Occupations, with a share of 13%, emerged as the top electric vehicles-related job roles within the oil and gas industry in Q3 2023, with new job postings drop by 16% quarter-on-quarter. Management Occupations came in second with a share of 12% in Q3 2023, with new job postings dropping by 45% over the previous quarter.
The other prominent electric vehicles roles include Business and Financial Operations Occupations with an 11% share in Q3 2023, Office and Administrative Support Occupations with a 7% share of new job postings.
Top five companies in oil and gas industry accounted for 73% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q3 2023 were Corteva, Cabot, Subsea 7, Beach Energy, and Livent. Together they accounted for a combined share of 73% of all electric vehicles-related new jobs in the oil and gas industry.
Hiring activity was driven by the US with a 45.21% share of total new job postings, Q3 2023
The largest share of electric vehicles-related new job postings in the oil and gas industry in Q3 2023 was in the US with 45.21% followed by Australia (15.98%) and the UK (14.16%). The share represented by the US was one percentage point higher than the 43.95% share it accounted for in Q2 2023.
For further understanding of GlobalData's Oil & Gas: Hiring Trends & Signals Q3 2023, buy the report here.