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More Texas jobs lost as oil bust continues

More Texas jobs lost to oil bust

More than 1,100 Texas jobs have been cut in the past few weeks, according to reports by the Texas Workforce Commission. Oil major BP plans to cut at least 500 jobs in Harris County this year. The layoffs are expected to happen in June at three Houston locations. BP spokesman Jason Ryan said about 4,000 total upstream jobs will be ...

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US gains 215,000 jobs in March, unemployment rises to 5 pct.

US gains 215,000 jobs in March, unemployment rises to 5 pct.

WASHINGTON (AP) — U.S. employers notched another solid month of hiring in March by adding 215,000 jobs, driven by large gains in the construction, retail and health care industries. Despite the jump, the Labor Department said Friday that the unemployment rate ticked up to 5 percent from 4.9 percent. But that increase includes some good news: more Americans came off ...

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Wyoming jobless rate at 4.7 percent in January

Wyoming welcomes you at the state line. (Image: J. Stephen Conn via Flickr)

CHEYENNE, Wyo. (AP) — Wyoming’s unemployment rate jumped to 4.7 percent in January as the state continues to see the downturn in the energy extraction industry take a toll on its economy. The Wyoming Department of Workforce Services says January’s jobless rate is significantly higher than the 4.4 percent rate recorded in December and the 3.8 percent rate in January ...

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Employers add jobs in 30 US states in January, cut in 20

WASHINGTON (AP) — Employers stepped up hiring in 30 states in January, led by big gains in Florida, Texas and North Carolina, while 20 states shed jobs. THE NUMBERS: The unemployment rate fell in 28 states, rose in 8 and was unchanged in 14. The unemployment rate doesn’t always decline even when more hiring occurs, because more Americans may start ...

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Halliburton to cut 5,000 more jobs

Halliburton to cut 5,000 more jobs

Oilfield services company Halliburton will eliminate 5,000 more jobs – about 8 percent of its global workforce. Ongoing market conditions led to the decision, according to a statement by Halliburton. As oil prices hover near $30 per barrel, producers struggle to remain viable. Benchmark U.S. crude sold for $33.07 on Thursday. “We regret having to make this decision but unfortunately ...

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Watford City sustains growth despite downturn

McKenzie County is still seeing growth, despite recent layoffs and budget cuts that have dominated recent news headlines. While drilling has indeed slowed, production holds steady. As a result: permanent jobs and a steady stream of economic growth in the region. People might not be flocking to the Bakken like they were two years ago, but population in McKenzie County ...

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This week in ND jobs

Although many companies have cut positions or laid off employees over the last eighteen months, oilfield jobs haven’t dried up completely. Listed below are ten jobs in ND still open and waiting for your application. KLJ Solutions has a number of engineer positions open and recently posted with start dates immediately to early May. One position is located in Bismarck and requires two ...

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Marcellus jobs market takes another beating

rig worker

Low natural gas prices just keep hitting oil and gas industry workers in the Marcellus Shale. The state Department of Labor figures show 2,262 fewer oil and gas jobs when comparing quarter two of 2015 to 2014. Cabot Oil and Gas announced in a press release  a 58 percent reduction to $325 million as opposed to $774 in 2015. The ...

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Survey: Growth at US services companies slowed in January

FILE - In this Thursday, June 4, 2015, file photo, Jazmin Donati places a price label on baked goods for sale at Panther Coffee, in Miami. On Wednesday, Feb. 3, 2016, the Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for January. (AP Photo/Lynne Sladky, File)

WASHINGTON — A private survey says U.S. services companies grew in January at the slowest rate in nearly two years, as global economic challenges are showing some signs of spreading to consumers. The Institute for Supply Management said that its services index fell to 53.5 last month from 55.8 in December. The January figure was the lowest since February 2014, ...

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Wyoming sees oil and gas jobs drop by 5,400 in 2015

CHEYENNE, Wyo. — In what may be the first large-scale energy bust to hit the state in some 30 years, Wyoming’s economy contracted in 2015, losing 6,500 jobs, mostly in the reeling oil and gas industry. However, the current downturn in Wyoming’s energy industry so far has not reached the severity of the bust that hit the state in the ...

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