Saturday, April 23, 2016

Halliburton Cut 6,000 Jobs; Delays Earnings Call -- April 23, 2016; North Dakota Jobs

Link here; subject line pretty much says it all, I suppose.
Halliburton Co said on Friday that it cut more than 6,000 jobs in the first quarter, during which revenue slumped 40.4 percent and it took a $2.1 billion restructuring charge mainly for asset write-offs and severance costs.
Meanwhile, The Job Picture In North Dakota Looks Pretty Rosy

From The Bismarck Tribune (numbers may be rounded):
State unemployment: 3.9%
National unemployment: 5%

Unemployment claims, most recent: 700/week (April)
Unemployment claims, four months ago: 1,600/week

Online job openings: 15,000 (up from 13,500 in December)
Online resumes: 11,000

Every sector looking for workers.

  • 1.7: construction and extraction (mining and oil)
  • 1.6: office support job
  • 1.3: production job (welders, machinists)
  • 1.1: transportation (truck drivers)
And then these:
  • 0.3: computer, IT, statisticians
  • 0.3: architecture, engineering
  • 0.2: education
  • 0.1: agriculture
  • 0.1: health care practitioners
In other words, for each on-line resume from a health care practitioner looking for a job, there were 10 on-line job openings.

A Note for the Granddaughters

Suggested library for Brit Lit, the Wars of the Roses
  • Shakespeare: Henry VI (Part I, II, and III) and Richard III
  • Dan Jones: The Wars of the Roses: The Fall of the Plantagentes and the Rise of the Tudors
  • Dan Jones: The Plantagenets: The Warrior Kings and Queens Who Made England
  • Sarah Gristwood: Blood Sisters: The Women Behind the Wars of the Roses
  • Brenda James: The Truth Will Out
  • Brenda James: Henry Neville and the Shakespeare Code 

 Granddaughter #1 and her dad about 12 years ago. 
Today: at a national water polo tournament, Houston, TX (Rosenberg).