There is a lot of hype in the media about a growing ‘crisis’ in the oil and gas workforce. Depending on who you talk to and the sector you look at, the median age in the oil and gas workforce is anywhere from 45 to 60, and many sources say more than half of the industry’s workers will be at retirement age by 2018.
Further statistics point to a gap in the available workforce to fill the jobs that are soon to be vacated, and industry representatives express concern that the U.S. workforce will not have the skills needed to fill the jobs that the expanding oil and gas industry is creating. The greatest fear seems to rest in the potential loss of an extensive wealth of knowledge as workers with 30 or 40 years of experience exit the industry. Click here to read more about how Young Professionals in Energy is influencing the industry.