The global power industry experienced 0.71% drop in new job postings related to cloud in Q2 2024 compared with the previous quarter, according to GlobalData’s Job Analytics. This compares to a 10% decrease versus Q2 2023. GlobalData’s Power: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the power industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Computer and Mathematical Occupations jobs accounted for a 38% share of the global power industry’s cloud-related total new job postings in Q2 2024, up 5% over the prior quarter.
Computer and Mathematical Occupations drive cloud-related hiring activity
Computer and Mathematical Occupations, with a share of 38%, emerged as the top cloud-related job roles within the power industry in Q2 2024, with new job postings rising by 5% quarter-on-quarter. Management Occupations came in second with a share of 12% in Q2 2024, with new job postings rising by 3% over the previous quarter.
The other prominent cloud roles include Business and Financial Operations Occupations with a 4% share in Q2 2024, Architecture and Engineering Occupations with a 4% share of new job postings.
Top five companies in power industry accounted for 23% of hiring activity
The top companies, in terms of number of new job postings tracked by GlobalData, as of Q2 2024 were Duquesne Light, E.ON, AES, Schneider Electric, and Electricite de France. Together they accounted for a combined share of 23% of all cloud-related new jobs in the power industry.
Duquesne Light posted 299 cloud-related new jobs in Q2 2024, E.ON 154 jobs, AES 111 jobs, Schneider Electric 83 jobs, and Electricite de France 80 jobs, according to GlobalData’s Job Analytics.
Hiring activity was driven by the US with a 46.06% share of total new job postings, Q2 2024
The largest share of cloud-related new job postings in the power industry in Q2 2024 was in the US with 46.06% followed by India (10.80%) and Germany (9.62%). The share represented by the US was four percentage points higher than the 41.90% share it accounted for in Q1 2024.
For further understanding of GlobalData's Power: Hiring Trends & Signals Q2 2024, buy the report here.
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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.
