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June 14, 2022

IT hiring in global power industry drops 1.2% in May 2022

By Carmen

The global power industry noticed a 1.2% drop in IT hiring activity in May 2022 over the previous month, led by Siemens 15.11% share, according to GlobalData’s Jobs Analytics database.

The power industry’s overall hiring activity declined 1.84% when compared with April 2022.

Noticeably, IT jobs accounted for a 5.96% share of the global power industry’s hiring activity in May 2022, up 0.15% over the last three-month average share.

According to GlobalData, IT job opportunities available at the end of May 2022 were 0.61% higher when compared with the previous month.

The increase was a result of 1.81% lower job postings as compared to job closures during the month.

Software and Web Developers, Programmers, and Testers drive power IT hiring activity

Software and Web Developers, Programmers, and Testers with a share of 45.17% emerged as the top IT occupation in the power hiring activity in May 2022, a 1.09% decline over the previous month. Database and Network Administrators and Architects came in second with a share of 22.44% in May 2022, up 9.78% over the previous month.

The other prominent IT roles include Miscellaneous Computer Occupations with an 11.72% share in May 2022, a decline of 26.22% over the previous month, and Computer and Information Analysts with an 8.94% share in May 2022 and a drop of 6.94% over April 2022.

Top five power companies by recruitment activity in May 2022

The top five companies, in terms of number of jobs as tracked by GlobalData, accounted for a combined average decline of 2.83% share in the overall IT recruitment activity of global power industry during May 2022 over April 2022.

Siemens posted 272 IT jobs in May 2022 and registered a drop of 13.92% over the previous month, followed by Duquesne Light with 174 jobs and a 34.88% growth. NextEra Energy with 171 IT jobs and Schneider Electric with 78 jobs, recorded an 18.96% decline and an 18.18% rise, respectively, while Vestas Wind Systems recorded a 9.09% rise with 60 job postings during May 2022.

Regional composition of IT hiring in power industry

North America emerged as the leading region in the global power IT hiring activity in May 2022 with a 61.94% share, which marked a 2.48% rise over the previous month.

Europe stood next with 20.17%, registering an 18.24% month-on-month decline. Asia-Pacific was the third leading region with a 16.5% share and a 6.83% rise over April 2022.

In the fourth place was South & Central America with a share of 0.72% and a month-on-month drop of 38.1%. Middle East & Africa stood at the bottom of the table with a share of 0.67%, registering a 300% increase over the previous month.

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