US Sheds 8,000 Mining Jobs in December

Despite the United States adding 292,000 jobs in December, jobs in mining continued to decline – this month by 8,000. The majority of those job losses (5,500) were in support activities for mining, according to the jobs report released Friday by the U.S. Bureau of Labor Statistics.

The oil and gas industry struggled tremendously in 2015 as companies were forced to cope with a low cost oil environment due to oversupply. The employment statistics reflect this struggle. Employment in mining in 2015 was a far cry from what it was in 2014. The United States added 41,000 mining jobs in 2014, however there was a loss of 129,000 mining jobs in 2015.

Additionally, oil and gas extraction continued their decline – 900 oil jobs were lost in December.   

Industry analysts and experts have expressed that 2016 will be another difficult year for the industry, which saw a quarter of a million jobs lost globally in 2015. Some companies have announced they will be laying off employees through 2017. The consensus for most in the industry is not to expect a full market recovery in 2016.

Valerie is an experienced writer and editor dedicated to providing useful and relevant career news about the oil and gas industry. Email Valerie at valerie.jones@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Perry Curtis | Jan. 15, 2016
It's very sad to hear that where so many have put there lives into something and have it taken away


Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Valerie Jones
Editor, Careers | Rigzone
 -  HR Pros Must Align Policies with Busin... (May 31)
 -  Experts on Lifting of the Crude Export... (May 26)
 -  Negotiation 101: Strategies to Impleme... (May 25)
 -  Getting Real About Oil, Gas and its Fu... (May 19)
 -  Global Oil, Gas Layoffs Exceed 350,000... (May 19)


Most Popular Articles

From the Career Center
Jobs that may interest you
Shipping Coordinator
Expertise: Inventory Control|Logistics Management|Warehouse Person
Location: Houston, TX
 
Division Order Analyst - Midland
Expertise: Accounting|Customer Service|Lease Analyst
Location: Midland, TX
 
Accounts Receivable Analyst (Finance Service Center)
Expertise: Accounting|Customer Service|Laboratory Ops / Tech|Legal|ROV Ops / Tech
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $49.32/BBL 0.54%
Light Crude Oil : $49.33/BBL 0.30%
Natural Gas : $2.16/MMBtu 10.20%
Updated in last 24 hours