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.

Mudrock-Energy-Employment-Efficiency-Update-2021-12

.pdf

Download PDF • 567KB