February Jobs Report Shows Decline Amongst Geopolitical Conflict

FOR IMMEDIATE RELEASE

HOUSTON — The Energy Workforce & Technology Council released its February 2026 jobs report, showing continued workforce adjustment across the energy services sector as broader economic conditions soften.

Energy services employment totaled 624,149 jobs in February, a decline of 1,958 positions from January, according to preliminary data from the Bureau of Labor Statistics (BLS) and Energy Workforce analysis.

Following revisions to earlier preliminary data, the sector saw small upward adjustments in both December and January employment levels, slightly improving previously reported figures. However, February’s decline reflects continued caution among service companies as they manage hiring in a changing economic and policy environment.

At the national level, the U.S. labor market also weakened. According to the Bureau of Labor Statistics, the U.S. economy lost 92,000 jobs in February, falling far short of expectations that projected roughly 60,000 jobs added. The national unemployment rate rose to 4.4 percent, signaling a broader slowdown across multiple sectors of the economy.

“Energy services companies are navigating a complex environment shaped by policy uncertainty, geopolitical risk, and shifting global energy demand,” said Energy Workforce President Molly Determan. “Clear and consistent policies around permitting, trade, and domestic energy development will be essential to restoring the confidence companies need to invest and grow the workforce.”

State-By-State Breakdown

State   2,026

TX          304,148

LA         52,116

OK        47,498

CO       25,340

NM       23,343

CA        22,844

PA         22,594

ND        19,411

WY        14,480

OH       10,361

AK         9,674

WV       9,549

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About Energy Workforce & Technology Council

Energy Workforce & Technology Council is the national trade association for the global energy technology and services sector, representing more than 650,000 U.S. jobs in the technology-driven energy value chain. Energy Workforce works to advance member policy priorities and empower the energy workforce of the future.

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