The North American oil and gas industry experienced a 29% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by PPG Industries with 1,380 job postings, according to GlobalData’s analysis of oil and gas company job postings. GlobalData’s Oil & Gas: Hiring Trends & Signals Q4 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.
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Notably, Architecture and Engineering Occupations jobs accounted for a 10% share of the North American oil and gas industry’s total new job postings in Q4 2023, drop 3% over the prior quarter.
Architecture and Engineering Occupations drive oil and gas industry hiring activity
Architecture and Engineering Occupations, with a share of 10% new job postings, was the occupation with the greatest hiring activity in the North American oil and gas industry in Q4 2023 , ahead of Management Occupations with a 10% share of new job postings.
The other prominent roles included Office and Administrative Support Occupations with a 10% share in Q4 2023, Transportation and Material Moving Occupations with a 9% share and Installation, Maintenance, and Repair Occupations with an 8% share of new job postings.
Top five companies accounted for 16% of hiring activity
PPG Industries posted 1,380 jobs in Q4 2023 and registered a growth of 24% over the previous quarter, followed by Nutrien with 1,178 jobs and an 11% growth. Baker Hughes, with 1,047 jobs, and Air Products and Chemicals, with 999 jobs, recorded a 36% drop and a 23% drop, respectively, while Air Liquide recorded a 31% decline with a 949 new job postings during Q4 2023.
Regional analysis of hiring in the North American oil and gas industry, Q4 2023
The US held the leading share of the North American oil and gas hiring activity with an 89.68% share, a 31% decrease over Q3 2023. Canada was next with 7.92%, four-percentage-point down over the previous quarter.
For further understanding of GlobalData's Oil & Gas: Hiring Trends & Signals Q4 2023, buy the report here.
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