Friday, August 14, 2015

Oil engineers standing at his post – Sunnmørsposten

According to a survey among 1,000 Tekna members of the oil companies and the supplier industry, corresponding 2.8 per cent that they were without a job in May. The survey also shows that only 2 percent of the members in the oil industry has changed jobs in the past year because of bad times in oil and supplier industry, writes Aftenposten.

Unemployment among oil engineers is thus far lower than in the rest of the Norwegian working life. According to Statistics Norway (SSB) labor force survey, unemployment has increased by 26,000 people from July last year to May this year, and the unemployment rate in May was 4.3 percent according to Statistics Norway. Figures from NAV shows that 3.4 percent were unemployed or went on measures in July.

Tekna president Lise Lyngsnes Randeberg notes that unemployment among oil engineers are low but says it still is higher than last year, when it was 1 percent. She also mentions oil engineering industry as a special and shows that it is not normal in other industries to get a job three years before they graduate. What has happened now is therefore a correction of the market, she says.

But times ahead will be far worse, warns Randeberg.

– We have every reason to believe that this will deteriorate over the next year. Final packages are about to go out. Unemployment is at a steep curve in the wrong direction, she says. (© NTB)

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