The North American mining industry experienced an 18% drop in new job postings in Q3 2023 compared with the previous quarter, with the highest share accounted for by Caterpillar with 2,045 job postings, according to GlobalData’s analysis of mining company job postings. GlobalData’s Mining: Hiring Trends & Signals Q3 2023 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, Production Occupations jobs accounted for an 11% share of the North American mining industry’s total new job postings in Q3 2023, drop 9% over the prior quarter.
Production Occupations drive mining industry hiring activity
Production Occupations, with a share of 11% new job postings, was the occupation with the greatest hiring activity in the North American mining industry in Q3 2023 , ahead of Architecture and Engineering Occupations with a 10% share of new job postings.
The other prominent roles included Installation, Maintenance, and Repair Occupations with an 8% share in Q3 2023, Management Occupations with an 8% share and Office and Administrative Support Occupations with an 8% share of new job postings.
Top five companies accounted for 29% of hiring activity
Caterpillar posted 2,045 jobs in Q3 2023 and registered a decline of 5% over the previous quarter, followed by Cummins with 1,284 jobs and a 46% drop. ABB, with 1,195 jobs, and Parker Hannifin, with 1,011 jobs, recorded a 19% rise and a 59% rise, respectively, while Freeport-McMoRan recorded a 23% decline with a 789 new job postings during Q3 2023.
Regional analysis of hiring in the North American mining industry, Q3 2023
The US held the leading share of the North American mining hiring activity with a 79.25% share, a 15% decrease over Q2 2023. Canada was next with 15.01%, four-percentage-point down over the previous quarter.
For further understanding of GlobalData's Mining: Hiring Trends & Signals Q3 2023, buy the report here.
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