Energy Workforce: U.S. oil and gas jobs experienced a “slight gain” in February 2024

March 11, 2024

(WO) – Jobs in the U.S. oil field experienced a slight gain from the past several months, increasing by 1,466 jobs in the U.S. oil field services sector during February 2024, according to preliminary data from the Bureau of Labor Statistics (BLS) after adjustments to January numbers and analysis by the Energy Workforce & Technology Council.

Source: Energy Workforce & Technology Council

Job availability increased by 22.5% 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% to 3.9%. As we head into Women’s History Month, the national unemployment rate for adult women increased to 3.5%.

“As job 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.

State-by-state breakdown:

TX- 317,552

LA - 54,413

OK - 49,591

CO - 26,457

NM - 24,372

CA - 23,851

PA - 23,590

ND - 20,267

WY - 15,118

OH - 10,818

AK - 10,101

WV - 9,970

 

Connect with World Oil
Connect with World Oil, the upstream industry's most trusted source of forecast data, industry trends, and insights into operational and technological advances.