Pandemic Wiped 91,680 Jobs in U.S. Oilfield Services Sector

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

You might also like

For several reasons, the IT sector is appealing to job seekers. ...Read more

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Articles

If you love being on the road, if you love driving with the wind rushing through your hair, if your ...Read more

The past two years have been a roller coaster ride, we’ve all acclimatized ourselves with the work ...Read more

With over 20.5 million US workers losing their jobs in April 2020 during the national lockdown, man ...Read more

When it comes to the talks of the unemployment rate due to COVID-19, experts compare it to the Grea ...Read more