(NNPA)—There are great opportunities for African Americans and Latinos in the oil, natural gas, and petrochemical industries, according to industry insiders, who are calling on minorities to “get in the game.”
“IHS Markit projects that there will be nearly 1.9 million job opportunities over the next 20 years in our industry, and [minorities] are expected to fill more than 575,000 of those positions,” said Deryck Spooner, the senior director of external mobilization at American Petroleum Institute. “These employment projections are based on current and expected trends in factors such as labor force participation rates, population growth rates, and educational attainment rates.”
IHS Markit is known as the leading source of information and insight into critical areas that shape today’s business landscape.
Spooner noted that opportunities would be available in a wide variety of occupations across the country.
Of the 1.9 million new job opportunities, 57 percent are projected to be in blue-collar occupations and 32 percent are projected to be in management and professional fields, according to IHS Markit.
Martha Montoya, the chair of the National Association of Hispanic Publications, said that it’s important for Black and Latino families to have conversations about opportunities in the oil industry that are available for people who aspire to join the middle class.
A recent report by IHS Markit noted that Hispanic and African-American workers are projected to account for close to 25 percent of new hires in management, business and financial jobs through 2035.