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
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
Posted November 6, 2018 by Blog AdministratorCareer Planning, Labour Market Information, Labour News
In this article we dive into a recent PetroLMI report, Canada’s Oil and Gas Workforce: Distribution, Work Patterns and Income. This report is your gateway to understanding the workforce trends and patterns in the oil and gas industry’s key sub-sectors: exploration and production (E&P, including oil sands), oil and gas... Continue reading
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:
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…)