An analysis of preliminary BLS data by the Energy Workforce and Technology Council shows a loss of 10,000-plus OFS jobs last month. Employment in the U.S. oilfield services and equipment (OFS) sector declined by an estimated 10,048 jobs last month, concludes an analysis of preliminary Bureau of Labor Statistics (BLS) data by the Energy Workforce and Technology Council. The finding marks the third consecutive month of domestic OFS job losses, and the initial February figure represents more than 80% of the 12,321 lost jobs that the Council has tallied for the three-month period. The Council pointed out that routine BLS revisions show relatively modest OFS employment decreases of 1,747 jobs in December 2020 and 166 positions in January 2021. The national OFS industry organization, which counts more than 600 member companies, added that the sector gained 11,282 jobs from September through November 2020. “OFS sector employment has stagnated as […]