October 27th, 2014 Hadrian Mertins-Kirkwood ·
Job creation is high on the oil industry’s list of go-to arguments for increased investment in the oil sands. Energy extraction is a key driver of employment growth, they tell us, and the benefits extend well beyond Alberta. “Almost every community in Canada has been touched by oil sands development through the stimulating impact it has on job creation,” according to the Canadian Association of Petroleum Producers.
The industry’s favourite number? 905,000. That’s the projected increase in oil sands jobs in the next two decades, up from a meager 75,000 today, according to an oft-quoted report by the industry-funded Canadian Energy Research Institute (CERI).
But what does that number mean? And is it as impressive as it sounds?
According to the report, 905,000 is the total number of new oil sands-related jobs that will be created in Canada by 2035. That means it includes not only direct employment in the Alberta oil sands, but also indirect employment in associated industries, like truck manufacturing, and any “induced” employment that may be created throughout Canada due to increased economic activity in the oil sands.
READ MORE: http://behindthenumbers.ca/2014/10/27/is-big-oil-a-big-job-creator-the-surprising-answer-in-one-infographic/
Thanks Ed
The industry’s favourite number? 905,000. That’s the projected increase in oil sands jobs in the next two decades, up from a meager 75,000 today, according to an oft-quoted report by the industry-funded Canadian Energy Research Institute (CERI).
But what does that number mean? And is it as impressive as it sounds?
According to the report, 905,000 is the total number of new oil sands-related jobs that will be created in Canada by 2035. That means it includes not only direct employment in the Alberta oil sands, but also indirect employment in associated industries, like truck manufacturing, and any “induced” employment that may be created throughout Canada due to increased economic activity in the oil sands.
READ MORE: http://behindthenumbers.ca/2014/10/27/is-big-oil-a-big-job-creator-the-surprising-answer-in-one-infographic/
Thanks Ed
No comments:
Post a Comment