Post Tagged with: "employment"
Oilfield employment continues to rise as overall U.S. labor market gains
Employment in the U.S. oilfield services, and equipment sector rose by an estimated 4,774 jobs to 628,793 in May, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology …
Fed pledges to keep rates near zero until full employment, inflation come back
The Federal Reserve painted a dour picture of current conditions and pledged Wednesday to continue its historically aggressive policy stance until it is comfortable that the U.S. economy is back on its feet.
Following this week’s Federal Open Market …
Brazil Stimulus Package to Include 42 Billion Reais from Workers Fund
From Reuters
Brazil’s government will free up a total of 42 billion reais ($11.1 billion) from a workers’ guarantee fund over the next two years, Economy Minister Paulo Guedes said on Tuesday, in an effort to boost flagging economic growth.…
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 …
Job Security Comes at a Price for Chinese Oil and Gas Companies
Maintaining employment strains Chinese oil and gas firms’ shrinking profits
Many international oil and gas companies have responded to the steep drop in prices since November 2014 by cutting expenditures. Companies have achieved better financial metrics by increasing efficiencies in …
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% …
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 …
OPEC a Year Later: Who Will Adapt and Survive?
A shot heard round the world
Last November 27, OPEC sparked the decline in crude oil prices that would see both international benchmark Brent crude, and U.S. benchmark WTI crude, lose more than 50% of their value. The group decided …
OPEC a Year Later: Oil & Gas Employment Down 5%
U.S. oil and gas employment declines following OPEC decision
The oil and gas industry was thrown for a loop nearly a year ago when OPEC made a decision on Thanksgiving Day of last year to defer from its traditional role …
Non-Working Americans: Enough to Populate the World’s 16th Largest Country
93 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 …
