Saturday, April 21, 2012

Chart of the Day: Drill, Drill, Drill= Jobs, Jobs, Jobs


The chart above displays monthly "natural resources and mining" employment levels in North Dakota (blue line, right scale) and Pennsylvania (red line, left scale) over the last ten years (data here). After more than a decade of flat employment levels for energy-related jobs in both states, employment levels recently have been booming, along with the Bakken oil boom in North Dakota and the Marcellus natural gas boom in Pennsylvania.

In just the last three years, energy-related jobs have almost tripled in North Dakota and almost doubled in Pennsylvania.  And while the "Great Recession" crippled the U.S. labor market with job losses approaching 8 million, the recession had almost no effect on the shovel-ready, job-creating labor market for energy jobs in North Dakota and Pennsylvania.

Update: Here's the same data graphed on the same scale, for Larry G. 


7 Comments:

At 4/21/2012 10:20 AM, Blogger Benjamin said...

Time to bash the last moonshine stills left in the USA: GOP ethanol.

We have better and cheaper sources of energy. Drill, baby, drill.

 
At 4/21/2012 10:22 AM, Blogger rjs said...

Population, Pennsylvania
www.google.com/publicdata
12,742,886 - Jul 2011

 
At 4/21/2012 11:15 AM, Blogger juandos said...

"Time to bash the last moonshine stills left in the USA: GOP ethanol"...

Hey pseudo benny that was your boyfriend's pet project...

 
At 4/21/2012 2:27 PM, Blogger Larry G said...

I'm looking at the left side of the graph that says "thousands of persons" then the right side which says the same.

what am I missing?

 
At 4/21/2012 2:30 PM, Blogger Larry G said...

what the.... okay.. I see now.

what's the purpose in using two different scales for the same measurement?

that's bizarre...

and isn't Penn essentially coal/nat gas resources and ND oil?

funky chart!

what exactly is it purporting to show?

 
At 4/22/2012 9:23 AM, Blogger Michael E. Marotta said...

Earth first! We can log, mine, and drill the other planets later.

We could reduce oil consumption by substituting renewable resources for petroleum products. How cool would be mahogany and teak cases for computers? Oh, sorry... no ivory keys, of course...

Well, OK, what if children not left behind were taught to calculate rapidly on their fingers like traditional peoples did? Maybe a college major in Quippu with a minor in Mnemonics?

That said - or perhaps best not said - having your own alcohol still may or may not be cost effective versus three gasoline stations in a price war, but hobbies pay for themselves or people would not play volleyball on the beach. Myself, if you want a still, build one, though not near my backyard, unless you are coming over with a pint for me.

 
At 4/23/2012 1:22 PM, Blogger james said...

I am little concerned about the process know as fracking the technique used to extract natural gas from rocks deep under ground. Their are some serious questions that have arisen concerning contamination of groundwater from the chemicals injected by the natural gas wells or rigs on private land. This thing needs closer study.

 

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