Jobs in the U.S. oilfield experienced a slight gain from the past several months, increasing by 1,466 jobs in the U.S. oilfield services sector during February 2024, according to a March 11 report citing preliminary data from the Bureau of Labor Statistics (BLS) after adjustments to January numbers and analysis by the Energy Workforce and Technology Council.
Jobs availability increased by 22.5 percent compared to January as the market continues to steady itself amid global geopolitical conflicts. Meanwhile, the national U.S. unemployment rate rose from 3.7 percent to 3.9 percent. As the nation moved through Women’s History Month (March), the national unemployment rate for adult women stood at an increased amount of 3.5 percent.
“As jobs availability continues to increase in the energy services sector, we remain optimistic for the future of the energy industry. While global turbulence continues to fluctuate across the industry, we remain steadfast in continuing to foster growth and opportunity,’ said Energy Workforce President Molly Determan.
