Briefing paper
When the going gets tough ... the gas industry sacks workers
Recent job cuts in the Australian oil and gas industry
Publisher
Job loss
Labour market disruption
Energy industries
Natural gas
Resources industry
Unemployment
Australia
Description
Gas companies operating in Australia have announced major job cuts through the pandemic. ABS Labour Force figures show that average employment in oil and gas extraction has declined by over 10% from 2019 to 2020, despite record production.
If all Australian industries had responded to the COVID-19 pandemic with equivalent job cuts, Australia would have an additional 1.3 million unemployed workers and around 15 percent unemployment.
Publication Details
Copyright:
The Australia Institute 2021. Reproduced with permission
License type:
All Rights Reserved
Access Rights Type:
open
Post date:
22 Feb 2021
