Oil and Gas Jobs Continue to Grow, in Line with National Economy
Today, Energy Workforce & Technology Council released its monthly jobs report, indicating an increase of 1,286 jobs in the U.S. oilfield services sector during November, according to preliminary data from the Bureau of Labor Statistics (BLS) after 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 US 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 US 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,
“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 analyis, Energy Workforce reported the following:
State 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
