Support Activities for Mining Take A Dip in April
While U.S. employment in oil and gas extraction was unchanged for the month of April, support activities took a dip, according to data released today from the U.S. Bureau of Labor Statistics (BLS).
After a loss of 200 jobs in March, support activities for mining (which includes oilfield services) continued their decline in April with a loss of 1,400 jobs.
In April, Laredo Petroleum announced it had reduced its staff by 20 percent – with almost half being at the vice president and above level – and Houston-based independent Alta Mesa Resources cut about another dozen employees in April after receiving a delisting warning.
A recent report by Deloitte stated that global oil and gas employment had finally returned to pre-downturn levels, however, that leveling out came in the form of redistributing jobs between segments and regions.
Many offshore professionals have communicated to Rigzone they are still struggling to find jobs in the industry.
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