Photo: Photo by KATIE SCHUBAUER / AFP / Getty Images
The Bureau of Labor Statistics (BLS) and Energy Technology and Employment Council analysis recently released data and the results indicate that jobs in the Services and Energy Technology sector had a rebound in the last three months, in the United States.
The figures indicate that there was an estimated increase of 9, 707 jobs only in the month of May in the energy sector. While in March and April, we are talking about 17, 700 new jobs , which implies a growth of 1.6% in the sector.
By Therefore, the data of the BLS sum 27, 000 jobs in the last 3 months of this 2021, having in February a minimum achievement of 591, Due to the pandemic there was a peak in job losses of up to 100, 000 Job positions. But the published statistics indicate that afterwards they were almost rehired 14, 000 positions work, which also shows a figure of about 88, 000 jobs lost, which is equal to $ 9, 900 millions of dollars annually in salaries.
However, these statistics reveal that the employment rate is much better than in April of 2020, at the beginning of the pandemic, when this sector of the economy eliminated some 54, 294 Job positions. Figure considered the highest since the year 2013 in the United States .
The situation in 2021, it is neither worse nor better, rather it has been quite flat; but it has an explanation and it is that this year the priority for companies has been to pay debts, reimburse investors and in research and development. Therefore, in total since the beginning of the pandemic until now, employment in the sector has fallen by 13. 8%.
To understand the figures a bit, it should be noted that this sector of energy technology and services represents 591, 000 jobs in that technology-driven energy value chain. We are talking about companies that have to do with the manufacture of energy equipment, drilling, wells, well services, pressure pumping, technology, renewable energy service, geothermal development and others.
Covering services of the type: oil and gas extraction, construction and manufacturing. This according to the quarterly Census of Employment and Wages, published by the BLS, and the monthly employment data published by the BLS.
The United States is the third country that employs the most in the area of oil and gas in the world. Then it is followed by the Asian giant, China, as the largest oil and gas employer, and this saw the number of workers fall by just 5.3%, according to Rystad Energy estimates. In China, as almost all the companies in the sector belong to the government, layoffs are probably less common.
