Oil companies scramble to find workers despite boom

Re:Oil companies scramble to find workers despite boom by artificialLimbs on Saturday April 30, 2022 @07:14PM (#31220406)

My friend signed up for the oil fields back in mid 2000s. Pay was good, but they eventually got to a point where they didn’t need the extra prod and laid him and a bunch off. Might be a contributor to their current problem.

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Re:Oil companies scramble to find workers despite boom by Fargoan on Saturday April 30, 2022 @07:52PM (#31220657)

That's how it always goes. There's always a boom and bust in the oil industry.

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Re:Oil companies scramble to find workers despite boom by Frost1x on Saturday April 30, 2022 @07:58PM (#31220703)

I'd say it's not exclusive to any industry, there's a push for all industries to have highly elastic labor forces to adjust labor costs with even slight variances in demand. Many of the labor shortages we see are a result of industries adopting business models that want high labor elasticity.

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Re:Oil companies scramble to find workers despite boom by Fargoan on Saturday April 30, 2022 @08:52PM (#31221014)

The oil industry is an extreme example. Everyone getting into it should know that. I've lived in North Dakota for most of my life and have seen it a couple of times.

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