Job openings at companies like Exxon Mobil, Chevron and BP represent only a fraction of the total number of listings on Indeed.com, a leading website for job seekers across the globe. But in aftermath of a global crude slump, those postings now make up an even smaller percentage of the total listings than they did before.
Pelted by the oil-market crash, the energy industry’s job cuts reached 150,000 by the end of May, says energy recruiting firm Swift Worldwide Resources, and that figure had grown by a fifth since March.
The United States lost 3,300 oil and gas extraction jobs in April. The economy also jettisoned 10,200 jobs that support mining — a sign that even though oil prices are on the rebound, the pain for the sector’s workers may linger.
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