\n INDUSTRY
<\/strong>The chemical industry
\n grows at a multiple of GDP. As the global
\n economy grows, so will the chemical industry,
\n and that will require companies to hire
\n employees, said Bob Kumpf, managing director at
\n Deloitte.\n <\/p>\n
\n \u201cSociety expects us to innovate, whether it\u2019s
\n emerging technologies, whether it\u2019s
\n biotechnology, whether it\u2019s all the downstream
\n applications,\u201d Kumpf said. \u201cThis is a growth
\n sector.\u201d\n <\/p>\n
\n Kumpf and others at Deloitte discussed a recent
\n employment study by the consultancy during the
\n annual meeting of the American Chemistry
\n Council (ACC).\n <\/p>\n
\n Even if the nature of growth in the chemical
\n industry is changing, it is not stopping, he
\n said. \u201cThere is no peak materials in any views
\n that we have.\u201d\n <\/p>\n
\n While new technologies like AI and remote work
\n are changing how people do their jobs, those
\n technologies are not eliminating the need for
\n labor.\n <\/p>\n
\n The following chart summarizes Deloitte\u2019s
\n forecasts for US employment trends in the oil
\n and gas (O&G) industry as well as in the
\n chemicals industry.\n <\/p>\n
\n \n <\/p>\n
\n Chemical companies will have to manage that
\n growth in employment amid a wave of
\n retirements. Deloitte expects that 20% of the
\n current workforce will retire by 2030, said
\n Kate Hardin, executive director at Deloitte.\n <\/p>\n
\n Deloitte broke down management strategies into
\n four pillars consisting of talent ownership,
\n composition, capability and mobility.\n <\/p>\n
\n TALENT OWNERSHIP \n COMPOSITION \n Among site and plant workers in the energy and \n For specialists and technicians, growth drivers \n In the past, those chemical engineers had left \n For business support, employment growth will \n Overall, automation, outsourcing and AI will \n CAPABILITY \n For energy and chemical workhours as a whole, \n Another third will be human enabled, under \n The rest will be human exclusive, which covers \n For some of these human-exclusive tasks, there \n MOBILITY \n WORKFORCE AMONG FEW TOOLS CHEMS HAVE IN \n At the same time, trade policy is changing and \n Workforce is one of the few areas chemical \n The ACC Annual Meeting ended on 4 June.\n <\/p>\n","protected":false},"excerpt":{"rendered":"COLORADO SPRINGS, Colorado (ICIS)\u2013Employment in the US chemical industry will continue growing even while it contends with a…\n","protected":false},"author":2,"featured_media":160684,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3092],"tags":[51,897,16,15],"class_list":{"0":"post-198702","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jobs","8":"tag-business","9":"tag-jobs","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114713321231825719","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/198702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=198702"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/198702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/160684"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=198702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=198702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=198702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/strong>Chemical
\n companies are relying on third-parties to
\n manage digital upgrades and information
\n technology services, while maintaining nearly
\n 88% of its workforce as internal.\n <\/p>\n
<\/strong>The study
\n shows that chemical employment will rise in the
\n following sectors:\n <\/p>\n\n
\n chemicals industry, Deloitte expects rising
\n global demand, regulatory changes and
\n infrastructure will contribute to rising demand
\n for these employees.\n <\/p>\n
\n are occupational health and safety, industrial
\n engineers and material engineers. The study
\n forecasts declines in chemical engineers.\n <\/p>\n
\n for jobs in the pharmaceutical and
\n biotechnology sectors, Hardin said. More
\n recently, they are going into software
\n development.\n <\/p>\n
\n center around computer occupations, computer
\n network architecture and training and
\n development specialties.\n <\/p>\n
\n reduce employment for some job types.\n <\/p>\n
<\/strong>Deloitte
\n expects generative and agentic AI to make
\n employees more productive. The consultancy
\n broke down AI\u2019s effects on employment into
\n human-in-the-loop tasks, human-enabled tasks
\n and human-exclusive tasks.\n <\/p>\n
\n about one-third are expected to be
\n human-in-the-loop tasks, in which machines and
\n agentic AI lead the effort.\n <\/p>\n
\n which humans augment digital technologies.\n <\/p>\n
\n tasks only people can do.\n <\/p>\n
\n could be prolonged vacancies, especially for
\n occupations such as mechanics, repairers and
\n vehicle operators, according to the study.
\n These jobs have high turnover, and chemical
\n companies will compete with construction and
\n other industrial sectors for these workers.\n <\/p>\n
<\/strong>Digitization is
\n making more skills common among industries and
\n sectors, giving employees and employers a wider
\n pool from which to choose. Some chemical jobs
\n can be remote, but a robust on-site workforce
\n remains essential for running chemical plants.\n <\/p>\n
\n CHALLENGING ENVIRONMENT
<\/strong>Once
\n more, chemical companies expect 2025 to be
\n another challenging year in which they will
\n need to look internally to increase revenue and
\n profits. The overall economy will provide
\n little \u2013 if any \u2013 help.\n <\/p>\n
\n conflicts among nations are growing, all of
\n which is making it difficult to plan and
\n forecast demand.\n <\/p>\n
\n companies can control, and technology changes
\n in AI and robotics are giving companies more
\n options to reduce labor costs and increase
\n productivity.\n <\/p>\n