Oil and Gas Jobs Continue Grow, in Line with National Economy

Oil and Gas Jobs Continue Grow, in Line with National Economy

HOUSTON ‚Äď 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.

‚ÄúMake no mistake, the latest jobs report directly reflects the oil and gas industry‚Äôs adaptability and determination,‚ÄĚ said Energy Workforce President Molly Determan. ‚ÄúThese latest figures are a testament to the industry‚Äôs commitment to growth.‚ÄĚ

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

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