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 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 February 7, 2018 by Blog AdministratorLabour Market Information, Labour News
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…)