Feb 4, 2020 - Energy & Environment

Women in energy are far less represented than corporate average

Clean-suited worker at Pinella DOE plant in 1979 developing and producing neutron generators for nuclear weapons initiation. Photo: Time Life Pictures/Department Of Energy (DOE)/The LIFE Picture Collection via Getty Images

Women have a higher level of underrepresentation in all levels of employment in companies in energy and related industries compared to other sectors.

Where it stands: About one-third of women in oil and gas, utilities and engineering jobs surveyed by consultancy McKinsey say they're usually the only woman in the room.

  • That's often an invitation for systemic challenges and micro-aggressions in the workplace, they found.

By the numbers: The survey found for women in energy, resources, and infrastructure (ER&I) jobs...

  • 38% of women said they needed to provide more evidence of competency compared to 15% of men in their field.
  • 41% of the surveyed women have had their judgement questioned in their area of expertise, compared to 39% of men.
  • 42% of women of color believe they missed out on a promotion because of their race, compared to 3% of white women.

Methodology: McKinsey reviewed 30 companies and survey data from 6,000 respondents in the ER&I sectors.

Go deeper: Women won't see equal pay for another 257 years, report says

Go deeper

Oil faces tough road back from coronavirus

Illustration: Aïda Amer/Axios

Oil companies in the battered shale patch are starting to bring back some production as prices climb, but a new report underscores how the pandemic is taking a heavy financial toll despite signs of revival.

Driving the news: Fourteen North American producers have filed for bankruptcy thus far during the second quarter, per a tally from the law firm Haynes and Boone, which closely tracks the sector's finances.

2 hours ago - World

Hong Kong legislature bans insults to Chinese national anthem

Activists holding a candlelit remembrance outside Victoria Park in Hong Kong on June 4, 2020, to mark the 1989 Tiananmen Square crackdown. Photo: Anthony Wallace/AFP via Getty Images

Hong Kong’s legislature approved a bill Thursday that makes insulting the "March of the Volunteers," the Chinese national anthem, illegal, AP reports.

Why it matters: It did so on the 31st anniversary of the Tiananmen Square protests, when Chinese troops opened fire on pro-democracy activists in 1989. The death toll has never been released, but estimates vary between hundreds and thousands.

1.9 million Americans filed for unemployment last week

Data: U.S. Employment and Training Administration via FRED; Chart: Andrew Witherspoon/Axios

Another 1.9 million people filed for unemployment last week, the Department of Labor said on Thursday.

The big picture: The coronavirus pandemic is still putting a historic strain on the labor market, though the pace of unemployment applications continues to slow.