Pandemic Wiped 91,680 Jobs in U.S. Oilfield Services Sector
Barring a handful of sectors across the globe, almost every sector has been severely impacted because of the pandemic. According to a monthly report compiled and published by Petroleum Equipment & Services Association (PESA) on Tuesday, the U.S. oilfield services sector lost 91680 jobs because of the pandemic. With the oil prices at low prices, several oilfield services had to file for bankruptcy and it led to massive job cuts. The sector's employment grew by 0.4% in November. More about this here.
Category
Vendors & Software
Employee Data Privacy
Networking
Benefits Compliance
Inclusion, Equity & Diversity
Employee Engagement
Dependent Benefits
Time Worked
Risk Management
Technology
Work Life Integration
Talent Acquisition
Mental Health Benefits
Firing
Retirement Benefits
Business Continuity
Workplace Culture
Executive Compensation
Leadership &
Social Media
Mentoring & Coaching
Health Savings Accounts
Sexual Orientation
Mental Wellness
Campus Placement
Emergency Response
Parental Leave
Severance Pay
Flexible Spending Account
Relationship Management
Global Mindset
Retention
Workplace Harassment
Overtime Eligibility &
Disaster Preparation & Response
Artificial Intelligence
Termination
People Management
Unemployment Benefits
Teamwork
HR Careers
Overtime Pay
Job Descriptions
Work Visas
Pay Equity
Opening & Closing
Remote & Hybrid Work
Payroll
Records & Reports
Workplace Wellness
Tags
Article
You Think You Have Earned It? Here is How to Ask for a Promotion
Nearly 62% of employees in the managerial levels are satisfied with their jobs. Although they have ...
With Remote Working Being the New Norm, How to Hire the Best remote Workers
Before the advent of the COVID-19 pandemic, about 7 million people in the US alone were working rem ...
Tips To Help You Create A Robust Hiring Strategy For 2021
While employment is steadily rising in all sectors, the fear of COVID-19 still reigns supreme. As t ...
Tips for Staffing Agencies to Create a Competitive Advantage
Today, it is a $174 Billion industry and one of the leading B2B businesses in the US. Whenever HR p ...
Comments