NewsOil & GasProvincial
‘Modest’ Recovery for Oilpatch Employment Expected Next Year
Source: cbc.ca, March 25, 2021
Companies are increasingly focusing on profitability over production to unlock value.
Tough times for Canada’s oil and gas industry have taken a toll on jobs across the sector but a new labour outlook is forecasting “modest” growth in employment beginning next year.
PetroLMI’s labour market outlook released Tuesday says direct employment in the sector across Canada is expected to climb to about 176,000 by 2023, rising above 2020 levels.
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