Global Talent Trends
Employment: The energy sector employed approximately 3.2 million workers. This number is expected to grow slower than average over the next decade.
Wages: The median annual wage for all workers in the energy sector was $77,590.
Job Outlook:
Petroleum, coal, and natural gas extraction: Jobs in this sector are projected to decline due to increased automation and a shift towards renewable energy sources.
Electric power generation, transmission, and distribution: Employment in this sector is expected to grow slower than average as energy efficiency improves and more renewable energy sources are adopted.
Renewable energy: Jobs in renewable energy, such as solar and wind power, are projected to grow much faster than average as the U.S. transitions to a cleaner energy economy.
Technological Advancements: Automation and digitalization are transforming the energy industry, leading to job displacement in some areas and creating new opportunities in others.
Climate Change: The increasing focus on addressing climate change is driving a shift towards renewable energy sources, which is expected to create new jobs.
Skill Gap: The energy industry faces a growing skill gap, particularly for workers with expertise in renewable energy technologies and data analytics.
