The U.S. oilfield services industry lost another 9,000 jobs in July, up by 43 percent compared to the jobs lost in June, Bloomberg quoted the latest report from the Petroleum Equipment and Services Association (PESA) as saying on Monday. Last month, the oilfield services sector in the United States lost another 9,344 jobs, accelerating the job losses from June, with total jobs lost in the oilfield services industry at 99,253 since the pandemic crushed oil prices and oil demand, according to the report. The worst job losses may yet to come, according to the association. “Industry analysts anticipate additional job losses as the pandemic continues and jobs supported by emergency measures such as the Paycheck Protection Program are threatened by congressional inaction,” the report says, as carried by Bloomberg. Between the start of the pandemic and the end of May, 84,908 jobs in the oilfield services sector were lost, […]