(The Center Square) â The Texas upstream oil and gas sector continues to add jobs, new data from the Texas Workforce commission shows.
In June, upstream oil and natural gas employment expanded by 3,100 jobs, the fifth best single-month performance in over five years. Since the low point in employment in September 2020, months with job gains in the sector outnumbered decline months seven to two.
Upstream jobs are 9,000 higher in June 2021 compared to June 2020. Juneâs job count is also 10.3% higher, or 15,600 more, than the job count in September 2020.
Total upstream employment is 173,100 jobs, which are among the highest paying wages in Texas.
Texas Upstream Job Growth Surges 94% for June rigzone.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rigzone.com Daily Mail and Mail on Sunday newspapers.
Study: Oil and Gas Industry Supported 2.5 Million Texas Jobs; 11.3 Million Nationally
Texas’ oil and natural gas industry supported more than 2.5 million total jobs statewide in 2019, a new analysis found, contributing the most to the state’s GDP and total income of any industry.
Texas’ oil and gas industry contributed $411.6 billion to the state’s gross domestic product, including $251.2 billion to the state’s total labor income in 2019, the report found.
The findings show how the oil and gas industry plays an “indispensable role … in providing jobs and investment that benefits every community and all Texans,” Texas Oil and Gas Association President Todd Staples said in a statement. The industry provides the socio-economic “underlying foundation of Texas public school, university, and public infrastructure funding,” he added, contributing the most to school districts and higher learning institutions in the state.
Texas upstream oil and gas sector continues to add jobs ktbs.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktbs.com Daily Mail and Mail on Sunday newspapers.