The global mining industry experienced a 13% drop in new job postings related to future of work in Q3 2023 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 37% decrease versus Q3 2022. GlobalData’s Mining: Hiring Trends & Signals Q3 2023 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the mining industry, facilitating anticipation of future workforce needs. Buy the report here.
Notably, Architecture and Engineering Occupations jobs accounted for a 14% share of the global mining industry’s future of work-related total new job postings in Q3 2023, down 10% over the prior quarter.
Architecture and Engineering Occupations drive future of work-related hiring activity
Architecture and Engineering Occupations, with a share of 14%, emerged as the top future of work-related job roles within the mining industry in Q3 2023, with new job postings drop by 10% quarter-on-quarter. Computer and Mathematical Occupations came in second with a share of 11% in Q3 2023, with new job postings dropping by 20% over the previous quarter.
The other prominent future of work roles include Production Occupations with a 10% share in Q3 2023, Management Occupations with a 10% share of new job postings.
Top five companies in mining industry accounted for 44% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q3 2023 were ABB, Caterpillar, Deere & Co, Parker Hannifin, and Flowserve. Together they accounted for a combined share of 44% of all future of work-related new jobs in the mining industry.
ABB posted 1,570 future of work-related new jobs in Q3 2023, Caterpillar 577 jobs, Deere & Co 277 jobs, Parker Hannifin 228 jobs, and Flowserve 213 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 47.43% share of total new job postings, Q3 2023
The largest share of future of work-related new job postings in the mining industry in Q3 2023 was in the US with 47.43% followed by India (8.27%) and Canada (5.73%). The share represented by the US was one percentage point higher than the 45.94% share it accounted for in Q2 2023.
For further understanding of GlobalData's Mining: Hiring Trends & Signals Q3 2023, buy the report here.