June 2016, Vol. 243, No. 6

Features

Modest Jobs Recovery in Canadian Oil and Gas Industry

Canada’s oil and gas industry should see some modest recovery between 2017-2020 due to renewed industry activity and the need to replace retiring workers, according to the Labour Market Outlook 2016-20 for Canada’s Oil and Gas Industry report, by PetroLMI, a Division of Enform. “The industry underwent significant job losses in 2015 due to the rapid decline in oil prices, and that trend is continuing in 2016,” said Enform’s Carol Howes, vice president of Communications and PetroLMI. “Based on assumptions that oil prices will start to rise in 2017, some rehiring is expected to begin as capital investment resumes and there is a need to fill positions left vacant by retiring baby boomers.” In

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