The global oil and gas industry experienced a 4% drop in new job postings related to social responsibility in Q2 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 10% increase versus Q2 2023. GlobalData’s Oil & Gas: Hiring Trends & Signals Q2 2024 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.
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Notably, Management Occupations jobs accounted for an 11% share of the global oil and gas industry’s social responsibility-related total new job postings in Q2 2024, up 8% over the prior quarter.
Management Occupations drive social responsibility-related hiring activity
Management Occupations, with a share of 11%, emerged as the top social responsibility-related job roles within the oil and gas industry in Q2 2024, with new job postings rising by 8% quarter-on-quarter. Office and Administrative Support Occupations came in second with a share of 11% in Q2 2024, with new job postings rising by 18% over the previous quarter.
The other prominent social responsibility roles include Transportation and Material Moving Occupations with an 8% share in Q2 2024, Architecture and Engineering Occupations with a 8% share of new job postings.
Top five companies in oil and gas industry accounted for 30% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Sherwin-Williams, Baker Hughes, Solenis, BASF, and PI Industries. Together they accounted for a combined share of 30% of all social responsibility-related new jobs in the oil and gas industry.
Sherwin-Williams posted 2,913 social responsibility-related new jobs in Q2 2024, Baker Hughes 1,736 jobs, Solenis 667 jobs, BASF 499 jobs, and PI Industries 468 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 61.97% share of total new job postings, Q2 2024
The largest share of social responsibility-related new job postings in the oil and gas industry in Q2 2024 was in the US with 61.97% followed by India (6.53%) and the UK (5.42%). The share represented by the US was four percentage points higher than the 58.17% share it accounted for in Q1 2024.
For further understanding of GlobalData's Oil & Gas: Hiring Trends & Signals Q2 2024, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
