The global mining industry experienced a 20% drop in new job postings in Q2 2024 compared with the previous quarter, with the highest share accounted for by Caterpillar with 4,488 job postings according to GlobalData’s analysis of mining company job postings. GlobalData’s Mining: Hiring Trends & Signals Q2 2024 report reveals comprehensive insights into hiring patterns, job roles, required skills, geographical trends, and key themes within the mining industry, facilitating anticipation of future workforce needs. Buy the report here.
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Notably, Architecture and Engineering Occupations jobs accounted for an 8% share of the global mining industry’s new job postings in Q2 2024, down 17% over the prior quarter.
Architecture and Engineering Occupations drive mining industry hiring activity
Architecture and Engineering Occupations, with a share of 8%, was the occupation with the greatest hiring activity in the global mining industry in Q2 2024, ahead of Management Occupations with a 7% share of job postings.
The other prominent roles include Production Occupations with a 7% share in Q2 2024, Installation, Maintenance, and Repair Occupations with a 6% share and Office and Administrative Support Occupations with a 6% share of new job postings.
Top five companies in mining industry accounted for 26% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 26% share of the overall hiring activity in the global mining industry in Q2 2024.
Caterpillar posted 4,488 jobs in Q2 2024 and registered a growth of 115% over the previous quarter, followed by ABB with 3,360 jobs and a 10% decline. Eaton with 3,320 jobs and Cummins with 2,265 jobs, recorded a 5% decline and a 53% rise, respectively, while Glencore recorded a 33% drop with 2,009 job postings during Q2 2024.
Hiring activity was driven by North America with a 44% share of total new job postings, Q2 2024
North America held the leading share of the new job postings in the global mining industry with a 44% share, a 10% lower over Q1 2024. Asia-Pacific stood next with 23%, registering a 2% decline over the previous quarter.
Europe with a 21% share marked a 3% drop over Q1 2024. The South & Central America and Middle East & Africa accounted for shares of 4% and 14% respectively.
For further understanding of GlobalData's Mining: Hiring Trends & Signals Q2 2024, buy the report here.
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