26 Sep '11, 6pm

Oil & Gas Industry Jobs Overstated Four Times by American Petroleum Institute

Oil & Gas Industry Jobs Overstated Four Times by American Petroleum Institute

40% of Oil Industry Jobs Are Minimum Wage Based on data from the Bureau of Labor and Statistics, Check and Balances Project points out that there are actually only 2.2 million oil and gas industry jobs in the United States--and 40% of all these are actually minimum wage jobs at gas stations. This analysis finds that the API study, done at its request by PriceWaterhouseCoopers, arrived at the higher figure by adding in an estimate of the number of jobs held by people in fields that support the oil and gas industry, not just those people directly employed. However the BLS figure actually already includes these jobs. Checks and Balances says that in addition to this double counting, the PWC-derived jobs figure also includes (in C&B's words) "jobs created because people in their industry have jobs...for example the maid of a company CEO." Number of People Employed Isn't A Reas...

Full article: http://www.treehugger.com/files/2011/09/oil-industry-jobs...

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