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Response of employment from oil and gas rig decline in select U.S. states 2015-2016

This statistic outlines the projected short and long run decline in employment due to closing oil and gas rigs between January 2015 and March 2016 in selected U.S. states. The estimated short run decline in oil and gas employment in Texas is 19,955 jobs lost, while the estimated long run decline is 121,265 jobs lost.

Projected response of employment from oil and gas rig decline in selected U.S. states from 2015 to 2016*

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Sources

Release date

March 2016

Region

United States

Survey time period

January 2015 to March 2016

Supplementary notes

* Short run decline in employment was defined by the source as being six months in duration. By extension, long run decline in employment refers to a period of time that is more than six months.

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Statistics on "Crude oil industry of the Gulf Cooperation Council"

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