Energy Jobs Begin Slow Trajectory Upwards

Energy Jobs Begin Slow Trajectory Upwards

Texas Mutual

Jobs in the U.S. oilfield experienced a slight gain from the past several months, increasing by 1,466 jobs in the U.S. oilfield services sector during February 2024, according to preliminary data from the Bureau of Labor Statistics (BLS) after adjustments to January numbers and analysis by the Energy Workforce & Technology Council.

Job availability increased by 22.5% compared to January as the market continues to steady itself amid global geopolitical conflicts. Meanwhile, the national U.S. unemployment rate rose from 3.7% to 3.9%. As we head into Women’s History Month, the national unemployment rate for adult women increased to 3.5%.

“As job availability continues to increase in the energy services sector, we remain optimistic for the future of the energy industry. While global turbulence continues to fluctuate across the industry, we remain steadfast in continuing to foster growth and opportunity,’ said Energy Workforce President Molly Determan.

State-by-State Breakdown:

TX 317,552
LA 54,413
OK 49,591
CO 26,457
NM 24,372
CA 23,851
PA 23,590
ND 20,267
WY 15,118
OH 10,818
AK 10,101
WV 9,970
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