Archive for May, 2018

Employment increases for third consecutive quarter

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