World Energy Employment Report
September 22 , 2022
- The International Energy Agency (IEA) released the World Energy Employment Report.
- The inaugural edition of the World Energy Employment Report is the first comprehensive inventory of the global energy workforce.
- In 2019, the energy sector and other related fields saw the employment of 65 million people.
- It accounted for two per cent of formal employment worldwide.
- The sector directly employed 41 million and another 24 million worked in energy’s end-user sectors such as vehicle manufacturing.
- The number of people employed by the entire energy sector went up by 1.3 million in 2021.
- It might potentially increase by 6 per cent this year in 2022.
- In 2019, 50 per cent of the energy workforce was employed in developing clean energy technologies.
- Among fossil fuels, Oil supply had the largest workforce with 8 million workers in 2019.
- It has fallen to 7.1 million people in 2021 and is only expected to slightly increase in 2022.
- The energy investment is expected to increase by eight per cent in 2022, touching $2.4 trillion.