Archive for the ‘Labour Market Information’ Category

Canada’s oil and gas workforce has grown older, more educated and more culturally diverse

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

How do employees impact 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