LinkedIn Reveals Canada’s Energy Workers Leaving To New Industries And Predictions For 2022

In the last two years, an oversupplied global oil market and a demand shock from the COVID-19 pandemic hit an industry already in transition.

So, how have workers in the energy and mining industry responded? In the latest edition of LinkedIn’s Workforce Report for Canada, new data reveals where this workforce is finding new opportunities.

Here are the top five industries energy and mining workers have been moving to since 2019:

  1. Manufacturing
  2. Construction
  3. Software & IT Services
  4. Corporate Services
  5. Finance

These are just some of the many new workforce trends to emerge in Canada. 2021 is the year our relationship with work changed forever. LinkedIn data shows the future of work will continue to evolve across the globe next year.

As we look ahead into 2022, here are some trends LinkedIn expects to see:

  1. More people will change jobs and careers
  2. The new employee/employer contract will be shaped by employees
  3. The relationship between buyer and seller will change

The full workforce report findings can be found here. Full 2022 predictions are available here

Methodology

The hiring rate is the percentage of LinkedIn members who added a new employer to their profile in the same month the new job began, divided by the total number of LinkedIn members in Canada.

The share of job transitions to another industry is measured by comparing job transitions out of a member’s industry divided by all job transitions by members in the industry or country for a given month. Job transitions are calculated from updates to LinkedIn profiles in line with the LinkedIn Hiring Rate methodology.

Provincial figures reflect a smoothed 30-day moving average of LinkedIn’s daily hiring rate in each province, the data is not seasonally adjusted, and it is indexed to the 2019 (pre-pandemic) baseline.

The share of applications to jobs in a different industry is equal to the applications to job postings in an industry different than the one the member is currently working in divided by total applications. Only LinkedIn premium job postings are considered.

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