The global mining industry experienced a 22% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by ABB with 3,801 job postings according to GlobalData’s analysis of mining company job postings. 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 9% share of the global mining industry’s new job postings in Q3 2023, down 21% over the prior quarter.
Architecture and Engineering Occupations drive mining industry hiring activity
Architecture and Engineering Occupations, with a share of 9%, was the occupation with the greatest hiring activity in the global mining industry in Q3 2023, ahead of Management Occupations with an 8% share of job postings.
The other prominent roles include Production Occupations with a 7% share in Q3 2023, Office and Administrative Support Occupations with a 19% share and Installation, Maintenance, and Repair Occupations with a 6% share of new job postings.
Top five companies in mining industry accounted for 28% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 28% share of the overall hiring activity in the global mining industry in Q3 2023.
ABB posted 3,801 jobs in Q3 2023 and registered a growth of 33% over the previous quarter, followed by Caterpillar with 3,147 jobs and an 8% decline. Cummins with 2,028 jobs and Vale with 1,985 jobs, recorded a 55% decline and a 31% drop, respectively, while Orica recorded a 54% drop with 1,772 job postings during Q3 2023.
Hiring activity was driven by North America with an 49% share of total new job postings, Q3 2023
North America held the leading share of the new job postings in the global mining industry with an 49% share, a 3% higher over Q2 2023. Europe stood next with 21%, registering a 26% decline over the previous quarter.
Asia-Pacific with a 19% share marked a 29% drop over Q2 2023. The South & Central America and Middle East & Africa accounted for shares of 20% and 25% respectively.
For further understanding of GlobalData's Mining: Hiring Trends & Signals Q3 2023, buy the report here.