December 13

U.S. oil and gas jobs on the rise, industry shows resilience and growth

0  comments

(WO) — The Energy Workforce & Technology Council’s monthly jobs report reveals a surge of 1,286 jobs in the U.S. oilfield services sector for November. This growth, based on preliminary data from the Bureau of Labor Statistics (BLS), follows adjustments to October numbers and analysis by the Energy Workforce & Technology Council.

Compared to October, job availability across the sector increased by 0.2%, as the market continued adding jobs in ten out of the 11 months. When the pandemic hit U.S. shores in January 2020, the industry boasted 705,481 jobs, while today, the industry plays home to 652,398 in the energy services and technology sector.  Diving deeper into the analysis, we are only 54,130 jobs away from returning to pre-pandemic levels.

Nationally, the U.S. unemployment rate dropped once again, returning to 3.7% compared to 3.9% in the previous month. Reports indicate that government hiring, seasonal labor and the end of two significant strikes bolstered employment nationwide.

“Make no mistake, the latest jobs report directly reflects the oil and gas industry’s adaptability and determination,” said Energy Workforce President Molly Determan. “These latest figures are a testament to the industry’s commitment to growth.”

In a state-by-state analysis, Energy Workforce reported the following:

State and Oil & Gas Job Rate

TX: 317,287
LA: 54,368
OK: 49,550
CO: 26,435
NM: 24,352
CA: 23,831
PA: 23,570
ND: 20,250
WY: 15,106
OH: 10,808
AK: 10,092
WV: 9,962

Source: Worldoil.com

Real Estate Investor Pulse

1031 Exchange E-Book

ENB Top News ENBEnergy DashboardENB PodcastENB Substack

Energy News Beat 


Tags


You may also like

President Trump to Immediately Eliminate Joe Biden’s Disastrous Electric Vehicle Tax Credit

President Trump to Immediately Eliminate Joe Biden’s Disastrous Electric Vehicle Tax Credit