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Report
Nov 2024
World Energy Employment 2024 Executive summary
…the sector once again surpassed expectations for new installations. While persistent, growth in other sectors was tempered by various complications. Employment in electric vehicle (EV) manufacturing and batteries grew by 410 000 as firms positioned themselves to capture more of the growing market, even as the vehicle manufacturing industry grappled with rising costs and increased global competition. While a number of wind manufacturers implemented layoffs as rising costs contributed to a slower-than-anticipated offshore project pipeline, total wind employment still climbed as a record number of new projects entered construction. Many sectors are also straining against shortages of skilled…