Texas Upstream Job Count Rises Again
Texas’ upstream oil and gas sector added jobs for the second month in a row in October, the Texas Oil and Gas Association (TXOGA) reported Tuesday.
Citing data from the Texas Workforce Commission (TWC), TXOGA observed the state’s upstream gained 600 jobs last month. Since August, Texas has added an estimated 2,100 upstream jobs and the latest upstream employment figure for the state stands at 171,900 jobs, TXOGA noted in a written statement emailed to Rigzone.
“The second consecutive monthly growth in upstream employment is much welcomed news,” remarked TXOGA President Todd Staples. “While the impact of the pandemic is far from over and the supply glut still has to be fully worked through, back to back upstream employment gains confirm the vital role oil and natural gas plays in our economy.”
TXOGA pointed out that upstream jobs include those tied to oil and gas extraction and support activities. Despite returning to an upward direction in September and October, Texas’ upstream employment figure remains significantly down year-over-year – and dramatically lower than the 308,900-job peak from within the past decade. The graph below shows the state’s upstream employment numbers since Jan. 2013.
“Many companies are still working through the adjustments necessary to address the contracted economy due to COVID-19, yet this second month of positive job growth numbers are a good reminder of the essential role of oil and natural gas in our everyday lives,” concluded Staples.
To contact the author, email firstname.lastname@example.org.
WHAT DO YOU THINK?
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.