Archive for the ‘Labour Market Information’ Category

Still a tough go for oil and gas workers

Posted April 16, 2019 by Blog AdministratorCareer Planning, Labour Market Information

PetroLMI has just released a 2019 Oil and Gas Labour Market Update, which looks at employment projections across the industry, including the conventional exploration and production (E&P), oil sands, oil and gas services and pipeline sub-sectors, and by key occupations. We are forecasting that about 12,500 direct jobs are at risk in 2019, mostly in Alberta, and mostly in the oil and gas services sector. Canada’s direct oil and gas workforce is forecast to decline by 23% from a peak of 226,500 in 2014, and a drop of 7% fr... Continue reading

Uncertainty for Canada’s oil and gas workforce will continue with market access constraints

Posted April 8, 2019 by Blog AdministratorLabour Market Information, Labour News, PetroLMI News

Canada’s direct oil and gas workforce has become much leaner, shrinking from a peak of about 226,500 jobs in 2014 to forecasted employment of 173,300 in 2019 – a 23% drop over the five-year period, according to a new report released today.

The oil and gas industry saw the labour market flatten following the 2014-2016 commodity price collapse with direct employment ending 2018 at about 185,800, down slightly from the 186,300 workers at the end of 2016. In 2019, about 12,500 jobs are at risk due to several factors, including low commodity prices, a decline in capital spending and u... Continue reading

Employer survey findings

Posted January 8, 2019 by Blog AdministratorLabour Market Information, Labour News

Towards the end of 2018 we surveyed a small sampling of 13 oil and gas companies representing approximately 16,000 workers across the oil sands, services and pipeline sub-sectors to determine their plans for this year.

PetroLMI discovered a couple interesting tidbits through the survey. The first came as a surprise: 75% of those surveyed indicated they were hiring or would be hiring in 2019. Only 8% indicated they’d be reducing their workforce levels. Reasons for hiring included growth, expansion or increased activity (90%), replacements due to turnover (56%), replacements due to r... Continue reading

A look at where we’ve been and where we’re going

Posted August 7, 2018 by Blog AdministratorLabour Market Information, Labour News

This summer we’ve released three new reports which together provide a picture of significant change in Canada’s oil and gas industry: