Number of Canadians employed by oil and gas sector falls by 14,000, data shows | CBC News
Monthly employment data suggests the number of people working in Canada’s oil and gas sector has fallen by more than 14,000 so far this spring, as the sector deals with low oil prices and the economic impact of COVID-19.
Figures published this month by Petroleum Labour Market Information (PetroLMI) say oil and gas employment fell to 162,748 in May from 177,332 in March — a drop of roughly eight per cent. Compared with May 2019, oil and gas employment is down 14 per cent, or 25,600 jobs.
PetroLMI’s data and figures are sourced from Statistics Canada’s Labour Force Survey.
“It’s not just the COVID-19 impact, but also the low oil and gas prices, which are continuing,” said PetroLMI vice-president Carol Howes of the jobs figures.