Archive for the ‘Labour Market Information’ Category

Employees impact on productivity

Posted March 14, 2018 by Blog AdministratorLabour Market Information

Have you ever thought about the impact of employees on a company’s productivity? We measure productivity as barrels of oil produced, per day, per employee. A decrease in workers would mean an increase in productivity. However, if the workers who remain aren’t as skilled or knowledgeable, productivity can decrease. Makes sense, right? Let’s take a look what has happened in Canada’s oil and gas industry.

From 2010 to 2014, oil and gas companies experienced recruitment challenges in Canada as they competed with one another for skilled and experienced people in a fast expanding i... Continue reading

Canada’s Labour Shortage

Posted December 28, 2017 by Blog AdministratorLabour Market Information, Labour News

Canada is experiencing a labour shortage and many of the unfilled positions during Q3 were from the oil and natural gas industry. The upstream and midstream sectors of the industry employed over 176,000 people, a 3% increase from Q2. However, the labour shortage isn’t due to a growing industry. Overall, the oil and gas industry employment is tracking below 2016 numbers.

Despite increasing production, busier rig activity, and relatively higher oil prices, job recovery continues to be dampened by cautious investment and wide-scale efforts to improve profitability. The labour shortage... Continue reading

Oil and gas industry transformation prompts shifts in labour force requirements says PetroLMI reports

Posted September 26, 2017 by Blog AdministratorLabour Market Information, PetroLMI News

As the oil and gas industry transforms itself to become sustainable in a lower commodity price environment, it is experiencing some notable shifts in labour force requirements, a skills mismatch and a shrinking labour force, according to two studies released today by PetroLMI, a Division of Enform.

“The downturn in the oil and gas industry that began in late 2014 has created a structural shift and a refocus – from one of growth to operational performance improvements and it is having significant implications for labour productivity improvements, hiring practices, the types of... Continue reading