Posted June 14, 2018 by Blog AdministratorLabour Market Information, PetroLMI News
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The period from 2006 to 2016 was a remarkable decade for Canada’s oil and gas industry. Periods of rapid growth followed by sharp contractions transformed not only the industry, but also its workforce, according to the latest PetroLMI report released today.
During the 10-year period, the workforce employed directly by Canada’s oil and gas industry expanded by 15 per cent, or 25,000 workers, to almost 190,000. Ou... Continue reading
Posted May 4, 2018 by Blog AdministratorPetroLMI News
We’ve just released the Q1 labour force data for the oil and gas industry from Statistics Canada. All signs point toward industry recovering. Employment is up 5%, or 9,000 jobs, from last quarter, and oil prices have been above US$60 per barrel for all of 2018. After the last three years of job losses, there is some optimism that the worst is behind us.
The services sector has seen close to 65% of the employment growt... Continue reading
Posted April 20, 2018 by Blog AdministratorCareer Planning, Day in the Life
Arianne first started considering a career as an environmental technician when she was working in an administrative role for an oil and gas company. She enjoyed working in the industry and recognized the opportunity to work on progressive and innovative environmental programs. However, she wanted something that was outdoors, technically challenging and included some travel – an environmental technician fit the bill. Continue reading
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
Posted March 1, 2018 by Blog AdministratorPetroLMI News
Three years after oil prices began to plummet and overall expansion of the oil and gas sector halted, the labour market is still adjusting. While unemployment rates have declined in recent months, much of it has to do with workers leaving the oil and gas industry for different opportunities. The recent stabilization of oil prices has created some optimism, but, continued uncertainty about the economic and market challenges, combined with regulatory, environmental and geopolitical forces are limiting new investment prospects.
Oil and gas companies and service providers that support th... Continue reading