Oil and gas sector has a lot more potential to create employment

On June 2, the Petroleum Human Resources Council of Canada released the Supply/Demand Analysis 2009-2020 report, providing a detailed picture to the public of the oil and gas labour market for the next decade.

The report not only projects labour demand for the main parts of the oil and gas industry, but also reveals specific jobs that will be needed into the future including a potential need for over 100,000 workers within the next 10 years to support new oil and gas activity and replace retiring workers.

According to Alberta Employment and Immigration, about 145,500 were employed in the mining and oil and gas extraction industry in 2008. The average annual growth rate expected between 2009 and 2013 is 0.4 per cent. In 1999, the industry’s share of economic activity in Alberta was around 26 per cent, but by 2008 this had dropped to less than 19 per cent.

Alberta’s crude production is expected to increase by approximately a third by 2013, with all of the gain coming from the oil sands. Through 2013, lower-than-average demand can be expected for supervisors, oil and gas drillers, and operators in oil and gas drilling. About 3,000 new jobs will be created in mining and oil and gas extraction industries by 2013.

Although this industry is still not operating at the rate it had been, the overall rate of unemployment in Alberta in the Stettler area was 4.3 per cent in August, down from 5.3 per cent in August of last year.

Just Posted

Popular downtown initiative bolsters Stettler Food Bank donations

Wells Furniture and Brenda’s Cozy Cafe are gearing up for the third annual Food Bank Drive May 29th, 30th and 31st

‘Stop Order’ issued to Paradise Shores

According to the County, staff will continue to communicate and work with the developer

Magnetos Car Club ready to shine at annual car show and cruise

For the 19th year in a row, featured cars will line Main Street on June 8th

Stetter P&H Elevator pancake breakfast runs May 26th

Highlights include a threshing and rope making demos and flour and bread making

Red Deer resident releases a set of inspiring new titles

Bev Burton excited to share her story via Create Your Calm Waters and Arise & Shine

UPDATE: B.C. pilot killed in Honduras plane crash

The crash happened in the Roatan Islands area, according to officials

Growing wildfire prompts evacuation of High Level, Alta.

Chuckegg Creek fire has been burning for several day, but grew substantially Sunday

Growing wildfire prompts warning for High Level to prepare for evacuation

Town of High Level announced Monday that residents should get personal items in order

Carbon tax, desk-thumping on agenda in upcoming Alberta legislature session

Jason Kenney has appointed a panel to come up with ways to reduce spending in the budget this fall

Facebook takes down anti-vaxxer page that used image of late Canadian girl

Facebook said that the social media company has disabled the anti-vaccination page

Authorities warn out-of-control wildfire could cut northern Alberta town’s electricity

Alberta Transportation has closed Highway 35 south of High Level due to the fire

‘Rope-a-dope’: Environmentalists say Alberta war room threat won’t distract them

Those against Alberta Premier Jason Kenney aren’t worried about promise to fight critics of energy industry

Almost $13 million to be paid to Grande Prairie hospital subcontractors, others

No reasons for the Court of Queen’s Bench order were released

Canada’s parole officers say correctional system has reached breaking point

About half of Canada’s federal parole officers work inside penitentiaries and correctional institutions

Most Read