Texas ads 30,000 oil jobs in last year
Texas oil companies have hired more than 30,000 workers over the past year, a sharp turnaround after they laid off a third of the industry's statewide workforce during the oil bust.Some oilfield service companies and drillers have also been unable to find workers to complete some of the new wells. Most of the jobs were added in the Permian Basin. The Eagle Ford formation has not bee as active at current prices.
The number of Texas oil and gas workers reached more than 222,000 in September, up 16 percent from about 192,000 in the same month last year, the lowest point since the Great Recession in 2009.
At the peak of the oil boom in 2014, Texas had more 295,000 jobs, according to Karr Ingham, a Texas economist who studies the oil industry.