Top

Jobless recovery looms for white-collar US oil workers

September 12, 2016

Elizabeth Huber lost her job inspecting oilfield pipes nearly 20 months ago and her prospects remain bleak even as oil executives cautiously plot production and budget increases.

Despite crude trading 75 percent above its February lows and energy companies shifting focus from survival to recovery, white-collar jobs in the sector remain as scarce as during the depths of the two-year oil price rout.

Like many laid-off energy sector specialists, Huber, 58, a metallurgical engineer, hopes this is just another cyclical downturn that will pass.

Read More on Reuters US Energy