We have released the Q4 2017 employment and labour market data for Canada’s oil and gas industry and thought it would be a good time to recap what happened to the workforce in 2017 and how it compared to our outlook to 2021. (more…)
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
2017 is expected to be a pivotal year for Canada’s oil and gas industry, setting the stage for industry activity and job recovery over the next five years, according to the Labour Market Outlook 2017 to 2021 for Canada’s Oil and Gas Industry report, released today by PetroLMI, a Division ... Continue reading
In early February, 36 oil and gas companies, representing approximately 79,000 workers from across Canada, were surveyed about their workforce plans, challenges and opportunities for 2017. Interested in hearing what the year holds? Read on!
Some of the most welcoming news is that nearly 70% of companies said they plan to increase or maintain their current staff levels.
Over the next four years, Canada’s oil sands companies are expected to require another 6,650 workers in oil sands construction, maintenance and operations as projects that are currently under construction move into production. While the construction workforce is expected to contract as those expansion projects come to an end, workers currently in oil sands construction may be able to transfer into maintenance jobs. The skills for industrial construction and for maintenance work overlap and allow for transferability and mobility between the two. Occupations that support these maintenan... Continue reading