Job Market Monitor
Oil Sand
Job Outlook in Alberta’s Oil Sand Sector – A decrease of 84% of on-site construction jobs by 2020
In today’s economic environment, fluctuations in oil prices are resulting in regular revisions of capital and operating expenditure projections. This report, together with other industry and sectoral employment outlooks to be released in 2016, serve to provide projected employment based on 2015 spending projections, as well as forecasted production volumes released by the Canadian Association of Petroleum … Continue reading
Canada’s petroleum industry – 40,000 jobs cut and more layoffs still to come
After almost two years of sinking oil prices and at least 40,000 job cuts, Canada’s petroleum industry still isn’t finished tackling its bloated operations. The next round of layoffs has already begun with Cenovus Energy Inc. and Murphy Oil Corp. announcing workforce reductions last week. Ongoing cuts by Suncor Energy Inc., Encana Corp. and others … Continue reading
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