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Area wages climb, while unemployment dips

CORPUS CHRISTI – Jobs in Nueces County are more plentiful and pay better than they did a year ago, but local economist worry the picture could change in coming months because of the region’s strong ties to the energy industry. Nueces County was one among the state’s 25 largest counties where employment and wages rose from the third quarter of ...

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Will talent pool support gas industry growth?

jobs or job concept with business folder in office showing earnings concept

The steady flow of natural gas from the Marcellus Shale will be matched by a steady flow of jobs it will create for several years to come. But there is a question whether there will be enough qualified people to fill those jobs. One way would be to encourage science, technology, engineering and mathematics, education — not only to high ...

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Noble Energy, Delek to lay off dozens in Israel

Noble Energy

Noble Energy Inc. (NYSE: NBL) and Delek Group Ltd. (TASE: DLEKG) subsidiaries Delek Drilling Limited Partnership (TASE: DEDR.L) and Avner Oil and Gas LP (TASE: AVNR.L) are expected to lay off dozens of Israeli employees after the Passover holiday, sources inform “Globes.” The layoffs follow the lack of progress in the Israeli gas industry, especially the delay in development of ...

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Frank’s International to cut 600 jobs

Frank's International

As the calendar turns over to a new month, the storylines remain the same. Houston-based Frank’s International NV (NYSE: FI) announced on Wednesday in a statement that the company plans to cut up to 600 jobs, or 13 percent of its workforce, the Houston Business Journal reports. Frank’s International is an oilfield services company that specializes in casings, tubular services ...

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Private-sector job growth slowed sharply in March to 189,000, ADP says

Hiring by U.S. businesses slowed sharply last month to 189,000, the worst performance in more than a year and another indication of sluggish economic growth over the winter. The private sector added 189,000 net new jobs in March, after an upwardly revised 214,000 the previous month, payroll firm Automatic Data Processing said Wednesday. Last month’s figure was well below economists’ ...

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Trican lays off 137 employees

Trican

Trican Well Service recently laid off 137 employees based in Odessa, according to a notice filed with state regulators, representing another sign the strain of low prices on workers in the oil patch. The effective layoff date for the employees was March 20, according to a letter sent to the Texas Workforce Commission that was released to the Odessa American ...

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More good news for Colorado employment

Unlike that of its neighbors to the north, Colorado’s job and employment outlook offers a cause for optimism. The Denver Business Journal reports that the state added 12,200 jobs just in February–nearly double Colorado’s monthly average addition of non-farm jobs–and has maintained an unemployment rate of 4.2 percent for three months. Brian Lewandowski, associate director of the Business Research Division ...

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Wyoming energy job cuts exceed 1,000

As with all oil-producing states in the past year, the past few months’ shrinking oil prices have posed quite the economic hurdle for Wyoming: The Casper Star-Tribune reports that the Cowboy state lost one rig in the past week and 1,300 jobs since December. In the past year, Wyoming’s rig count fell from to 27 from 34 and oil field ...

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Labor officials: New Mexico, West Texas oil field workers underpaid

ALBUQUERQUE, N.M.— Federal labor officials say oil and natural gas workers in New Mexico and West Texas have been underpaid by more than $1.3 million. The U.S. Labor Department’s Wage and Hour Division made the announcement Monday. The findings stem from an enforcement initiative launched by the division last year. Officials say overtime violations led to the underpayment to some ...

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Weld County job gains continue in February

Weld County’s job market continued to grow from January to February, adding 1,000 non-farm jobs for a total of 101,400 employed residents. The top growing industries over the month were service-providing, with 800 added, government with 600 added, private with 400 jobs, and goods producing and private service providing with 200 new jobs each. Over the year, non-farm jobs increased ...

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