OFS Sector Jobs Report

OFS Sector Jobs Report

Each month, Energy Workforce & Technology Council uses data published by the U.S. Bureau of Labor Statistics to estimate oilfield services and equipment sector employment. The Council’s analysis includes the economic activities of OFS companies, which include oil and gas extraction, construction and manufacturing. The OFS sector includes companies involved in oilfield equipment manufacturing, drilling, well completions, pressure pumping, pipeline construction and more.

Employment is a key indicator of the health of the OFS sector, which plays a critical role in the technology-driven energy value chain. Job losses jeopardize the energy supply chain by draining the sector of the innovative men and women who develop the technologies that increase efficiency, improve environmental performance and reduce greenhouse gas emissions.

109,461

OFS sector losses since pandemic began

7,450

OFS jobs gained in December

$5.6 Billion

Lost in annual wages

December Jobs Report

DECEMBER REPORT

American oilfield services and equipment sector employment rose by an estimated 7,450 jobs in December, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council. 

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