As 2015 began, the “hot” hiring trends in the energy sector included increased Marcellus Shale production and a more intense focus on cyber security, risk management, and regulatory response. As the first half of the year draws to a close, however, attention has shifted from these longer-term projects to a round of layoffs that has hit the oil and gas production industries hard – and how production in the Pennsylvania area is bucking these trends.
With crude oil prices hovering around $52 a barrel, compared to $107 a year ago, many oil companies have begun releasing employees as a way of cutting costs. At least 51,000 job cuts nationwide have been directly linked to falling oil prices, according to a recent CNN Money report. Yet other areas of the country are experiencing a hiring shortage, including the Pennsylvania Marcellus Shale region.
What do these trends mean?
For Employers: Employers in the Pennsylvania region will continue to need experienced staff in any number of positions, as natural gas production increases and demand persists for cheap, efficient, clean-burning fuels.
As hiring tightens, employers will need to stay connected to staffing experts with the extensive professional networks and keen knowledge of those who work in the field. By connecting with a staffing firm, employers work with someone who specializes in staying on top of market trends and in knowing who the established professionals and “rising stars” are in the local oil and gas industries.
For Employees: Oil and gas workers from other areas of the country who have been pink-slipped would do well to consider a move to the Marcellus Shale area, where their skills are currently in high demand.
Connecting with a staffing firm that specializes in placing oil and gas workers in the Pennsylvania region can help employees find a company that offers a great cultural “fit” and that also provides sound career opportunities. The expertise of a local firm can also help employees buffer themselves against the “boom and bust” nature of the oil and gas industry.
The recruiting experts at FootBridge Energy Services are poised to help you find the people you need and exceed expectations in 2015. Contact us today to learn more about our energy sector recruiting services.