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jw energyEmployment in Canada’s oil and gas industry rose for the third consecutive quarter in Q1/2018, according to the latest data from PetroLMI.

There were approximately 190,000 workers directly employed in oil and gas in the first quarter, which is an increase of 7,600 compared to the first quarter of 2017.

The numbers are still down significantly from before the oil price collapse in 2014, when PetroLMI says 224,800 people were directly employed in Canadian oil and gas.

A five percent increase in Q1/2018 was driven primary by growth in the services and pipelines sector, with most new jobs focusing on ongoing operations versus new projects and exploration.

“Job recovery has occurred mostly in field and plant-based occupations as well as office-based positions that support exploitation, production and ongoing operations. Growth related to exploration will continue to be constrained with limited access to compete in global markets,” says PetroLMI, which is a division of Energy Safety Canada.

The continued low unemployment rate in oil and gas indicates a tight labour market, at 4.8 percent in Q1/2018 compared to 4.9 percent in Q4/2017. PetroLMI says six percent unemployment is considered a balanced rate.

“Companies may want to fill job vacancies through recovering workers from regions with higher unemployment rates, such as Atlantic Canada.”

By region, PetroLMI says that quarter-over-quarter, Alberta, Saskatchewan and Central Canada saw increases in oil and gas employment, by 6 percent (or 8,800), 10 percent (or 1,200), and 2 percent (or 200), respectively.

In British Columbia however, a downward trend continues, with oil and gas employment decreasing by 9 percent (or 900) from Q4/2017. PetroLMI says B.C. oil and gas jobs have been decreasing since Q2/2017.

Oil and gas employment also decreased by 16 percent (or 1,300) in Atlantic Canada in the first quarter of 2018.

Interview-Techniques-Trainer“Matt Youngquist, the president of Career Horizons, tells job seekers that finding a new position presents the same challenges as taking a product to market. But the product they are selling is themselves.”

The article discusses networking and its key benefit when searching out a new role. Reinforcing the benefits of the personal connection it goes on to say that a high proportion of jobs do not even get to the stage of being published, highlighting the benefits of networking.

Read the article here. Article credit: NPR.

ACS logoAlumni Consulting Services Inc builds and manages corporate alumni networks. Forward thinking companies recognize that former employees are a valuable part of their talent pool. Since 1999, ACS has built and managed alumni network to provide positive returns for both the client company and former employees. Former employees, oftentimes retirees in this graying of the workforce era, are brand ambassadors, they can refer talent and in the ultimate compliment, they return themselves. Companies, particularly in the management consulting industries and in the oil and gas industry, have effectively used their alumni networks as a resource for recruiting former employees, finding that retirees are a valuable resource to fill short term project requirements. These people can return and hit the ground running, as the understand the company culture and policies, and often are working on projects with which they are familiar.

Former employee networks are a sound investment, and provide a return on investment. Further savings are made when an alumni network generates referrals of talent and business. If you are a company today without a corporate alumni network, consider the opportunities for enhancing your bottom line.

For the alumni themselves, a corporate alumni community differs from social media platforms like LinkedIn and Facebook. It is a career management tool. Individuals are maintaining relationships with people with whom they worked, or with people who were in the same company. When asked why they join the alumni network, a majority of those joining are doing it to keep abreast of industry conditions, learn where opportunities are, and use it to enhance their own career options.

Using an alumni service provider like Alumni Consulting Services, Inc. (ACS) means that you don’t have to create your alumni community from the ground up. Companies use ACS to build their platform, manage membership, interview members and write and distribute eCommunications.

Contact us today to put ACS to work for you.

With five generations in the workplace - more than ever before - organisations are concerned about the effect on performance.

In fact, almost a quarter of 2,500 executives questioned worldwide state intergenerational cohesion as the most significant risk their company faces.

A LinkedIn article discussing the benefits of corporate alumni networks has mentioned the Chevron Bridges program managed by ACS. 

The article starts by discussing the mutual benefits of an alumni network and continues by talking about hiring, intelligence, customers and brand ambassadors as further benefits. The excerpt relating to Chevron is pasted below and you can read the full article on LinkedIn.

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