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Tag: job market

Oilfield employment climbed in December despite cooling U.S. job market

Employment in the U.S. oilfield services and equipment sector rose by an estimated 7,450 jobs in December, despite the slow hiring in overall U.S. jobs, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council (Council). Gains were made in oil and gas extraction, as well as machinery manufacturing.

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COVID-19 vs Business. Maybe we should have been better prepared?

Due to the outbreak of the COVID-19 businesses around the globe have taken a hit. COVID-19 originating in Wuhan, China spread rapidly across the world taking the lives of many in its wake. The virus also took away livelyhood from many people as countries went into lockdowns isolating people in their homes. This has resulted in damage to the global economy as well as a large drop in the employment rate.

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