Breitling Oil and Gas Texas and California Morning Podcast #385

The U.S. oil and gas industry added new jobs faster than the total private sector during the year that ended in June, jumping 2.6 percent over the previous year and pushing the industry’s roster past 1 million jobs nationwide, according to a new report.

During the first half of 2013, the industry netted 23,700 jobs, driven mostly by extraction, drilling and support sectors.  Overall, the industry grew 2.4 percent in that six-month period.

Eight out of nine oil and gas sectors measured by the Bureau of Labor Statistics expanded this year.   last year, Texas — home to 55 percent of active rigs in the U.S. — soaked up a third of the oil and gas industry’s new employment, adding 43,000 workers to its roster of 388,000.

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