HOUSTON – 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,” 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
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.