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

WATCH: Canada Winter Games are finally here

Final leg of torch relay kicked off at Fort Normandeau

Furever Ours dance coming to Botha

Tickets still left for “Furever Ours” dine and dance

Stettler Lightning prepare to battle Wranglers in playoffs this week

Stettler Lightning finish their regular season with a 14W-14L-7OTL

Almost 10,000 arrows shot at 3rd annual Wm E Hay Nockbuster winter shoot

Both junior and senior high Stettler Nockbuster teams placed first

Fashion Fridays: Up your beauty game

Kim XO, helps to keep you looking good on Fashion Fridays on the Black Press Media Network

Red Deer RCMP arrest man after vehicle theft from dealership

Police were able to disable the SUV with assistance from the built-in vehicle assistance system

Red Deer College transforms into Athletes’ Village

Red Deer College’s campus will be home for the athletes during the 2019 Canada Winter Games

Alberta minor hockey team, slammed for Indigenous dance video, forfeits season

Parents say season was too dangerous to finish because the team has been threatened

Trump officially declares national emergency to build border wall

President plans to siphon billions from federal military construction and counterdrug efforts

Alix resident captures beams of light near Lacombe

Lacombe, Blackfalds, Red Deer photos have since gone viral around the world

Father to be charged with first-degree murder in Amber Alert case

11-year-old Riya Rajkumar was found dead in her father’s home in Brampton, Ontario

Red Deer man loses car after being caught twice driving with suspended licence

The Ponoka Integrated Traffic Unit ticketed the man in December and on Valentine’s Day

January home sales were weakest since 2015, average national price falls: CREA

CREA says the national average price for all types of residential properties sold in January was $455,000

Most Read