The North American power industry experienced a 28% drop in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by Republic Services with 1,908 job postings, according to GlobalData’s analysis of power company job postings. GlobalData’s Power: Hiring Trends & Signals Q4 2023 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, Installation, Maintenance, and Repair Occupations jobs accounted for an 11% share of the North American power industry’s total new job postings in Q4 2023, drop 16% over the prior quarter.
Installation, Maintenance, and Repair Occupations drive power industry hiring activity
Installation, Maintenance, and Repair Occupations, with a share of 11% new job postings, was the occupation with the greatest hiring activity in the North American power industry in Q4 2023 , ahead of Architecture and Engineering Occupations with a 10% share of new job postings.
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The other prominent roles included Management Occupations with a 10% share in Q4 2023, Computer and Mathematical Occupations with a 7% share and Business and Financial Operations Occupations with a 7% share of new job postings.
Top five companies accounted for 21% of hiring activity
Republic Services posted 1,908 jobs in Q4 2023 and registered a growth of 100% over the previous quarter, followed by Constellation Energy with 1,376 jobs and a 98% growth. Duquesne Light, with 1,275 jobs, and Siemens, with 1,191 jobs, recorded a 49% rise and a 52% drop, respectively, while Schneider Electric recorded a 38% increase with a 1,112 new job postings during Q4 2023.
Regional analysis of hiring in the North American power industry, Q4 2023
The US held the leading share of the North American power hiring activity with a 90.93% share, a 28% decrease over Q3 2023. Canada was next with 5.94%, four-percentage-point down over the previous quarter.
For further understanding of GlobalData's Power: Hiring Trends & Signals Q4 2023, buy the report here.
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