Updated - Oil and Gas Employment Data
As requested, I updated the O&G employment data with the most recent BLS information.
Quick notes -
October 2021 up 58,000 from August 2020 lows
43% of upstream jobs lost in the latest downturn returned
Remain 217,000 below "peak-shale" employment
Production "Efficiency" dipped in 2021 but remains elevated
Download the slides for more details.