Post Tagged with: "Unemployment"

Source: Reuters

States ask Trump administration to pay laid off oil workers to plug abandoned wells

Reuters


A coalition of U.S. oil producing states has asked the Trump administration for stimulus funds to hire laid off energy workers to plug abandoned wells, a proposal aimed at fending off unemployment while tackling a growing environmental problem, a …

Economy Adds 155K Jobs in November, Unemployment Holds at 3.7%

Economy Adds 155K Jobs in November, Unemployment Holds at 3.7%

From The Hill

The U.S. economy added 155,000 jobs in November, below estimates and cooler than October, but the labor market continues to maintain momentum.

The unemployment rate held at 3.7 percent for the third straight month, the lowest level …

December 7, 2018 - 12:29 pm Closing Bell Story‎, Politics & Opinions
Source: WPX

Unemployment Rate Reaches 18-year Low

Oil & Gas industry gains 8,000 jobs in May

The U.S unemployment rate has now dropped to 3.8%. Unemployment rates have not been this low since 2000, and the trajectory is down from double digit unemployment in 2009-2010 in the …

June 1, 2018 - 5:53 pm Closing Bell Story‎, Oil and Gas 360 Articles
Jobs Count Stabilizes, Unemployment Drops when Permian Pumps Oil

Jobs Count Stabilizes, Unemployment Drops when Permian Pumps Oil

A report by the Federal Reserve Bank of Dallas indicated that, in May, employment in the Permian basin remained steady, hovering around 158,000 jobs since February. This comes following the period between mid-2014 and early-2016, when Permian employment dropped from …

U.S. Jobs – Where is the Recovery?

U.S. Jobs – Where is the Recovery?

Where are the new jobs that accompany a robust economy?

According to the U.S. government’s Bureau of Labor Statistics’ job numbers released today, in September 7.9 million people were unemployed, which is 5% of 158 million people with jobs in …

October 7, 2016 - 3:21 pm Closing Bell Story‎, Jobs, Oil and Gas 360 Articles
U.S. Jobs Report: Smallest Gain since 2010

U.S. Jobs Report: Smallest Gain since 2010

The Bureau of Labor Statistics released the June report on unemployment today. Unemployment fell from 5.0% to 4.7% and the economy added only 38,000 jobs in May. The job gain was the lowest since 2010.

In the last few years, …

June 3, 2016 - 5:18 pm Closing Bell Story‎, Jobs, Oil and Gas 360 Articles
U.S. Unemployment Falls Below 5%

U.S. Unemployment Falls Below 5%

U.S. unemployment continues to drop while oil and gas industry sheds jobs

The U.S. economy added 151,000 jobs in January, according to the latest release from the Bureau of Labor Statistics. The additional jobs pushed unemployment below the 5% …

February 5, 2016 - 4:12 pm Closing Bell Story‎, Oil and Gas 360 Articles
U.S. Sees Second Best Year of Jobs Growth Since 1999

U.S. Sees Second Best Year of Jobs Growth Since 1999

U.S. economy adds 292,000 jobs in December

292,000 new jobs were added to the U.S. economy in December, according to information from the Bureau of Labor Statistics. Most of the added jobs came from construction, health care and business …

January 8, 2016 - 5:19 pm Closing Bell Story‎, Oil and Gas 360 Articles
Hydraulic Fracturing Lowered Unemployment 0.5% During the Great Recession

Hydraulic Fracturing Lowered Unemployment 0.5% During the Great Recession

Study finds hydraulic fracturing added 725,000 jobs during the Great Recession

The energy boom brought on by hydraulic fracturing helped to soften the blow from the Great Recession, a new study conducting by the National Bureau of Economic Research found. …

Weak Jobs Data Could Push Fed Hike to 2016

Weak Jobs Data Could Push Fed Hike to 2016

U.S. economy adds 142,000 jobs, but mining continues to see losses

Jobs data from the Bureau of Labor Statistics came in weaker than expected for September today, sending the U.S. 10-year bond and oil prices down. The economy created an …

October 2, 2015 - 3:09 pm Finance, Oil and Gas 360 Articles
Unemployment Falls to 5.3%

Unemployment Falls to 5.3%

The U.S. adds 223,000 jobs in June

The United States unemployment rate fell to a post-recession low of 5.3% in June, according to information from the Bureau of Labor Statistics (BLS). The drop in U.S. unemployment came as welcome …

July 2, 2015 - 6:26 pm Oil and Gas 360 Articles
Non-Working Americans: Enough to Populate the World’s 16th Largest Country

Non-Working Americans: Enough to Populate the World’s 16th Largest Country

chart-of-week-0428201593 Million Non-Working Americans

The United States Bureau of Labor Statistics defines people not in the work force as being 16 years and older who are not employed and have not “made specific efforts to find employment sometime during the …

April 28, 2015 - 7:20 pm Chart of Week, Oil and Gas 360 Articles
U.S. Unemployment Rate Falls to Seven Year Low

U.S. Unemployment Rate Falls to Seven Year Low

Unemployment in the United States has fallen to its lowest levels since 2008, according to data from the Bureau of Labor Statistics. U.S. unemployment fell to 5.5% in the month of February. The last time unemployment was below 5.6% …

March 6, 2015 - 5:37 pm Oil and Gas 360 Articles
North Dakota Garners Top Employment Rankings

North Dakota Garners Top Employment Rankings

The oil boom has been good to North Dakota workers.

With almost 3 job openings for every unemployed worker, North Dakota has retained the lowest unemployment rate in the country, according to the Bureau of Labor Statistics September report.  …

October 27, 2014 - 6:25 pm Finance, Oil and Gas 360 Articles

Bleak Unemployment Numbers Worry Economists

The Federal Reserve (Fed) announced the addition of 169,000 jobs in its August 2013 report, and said the 7.3% unemployment rate is the lowest in five years. More than 300,000 jobs were added since June 2013. Average hourly earnings rose …

September 9, 2013 - 3:23 pm Oil and Gas 360 Articles
Same Ole' Stuff – Second Term: Economy Adds Another 157,000 Jobs; Rate Up to 7.9%

Same Ole' Stuff – Second Term: Economy Adds Another 157,000 Jobs; Rate Up to 7.9%

A recent CNBC article wrote:

“The new year started off with an old story: Employment grew again in January but not at a pace able to lower the jobless rate.

Nonfarm payrolls rose 157,000 for the first month of 2013 …

February 1, 2013 - 4:37 pm Oil and Gas 360 Articles