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All industries struggle to balance and optimize their workforce needs, and the oil and gas industry is by no means an exception. Economic conditions, aging populations, availability of potential workers, and competition for skilled labor affect the dynamics of the constantly changing oil and gas workforce. Recruiting and retaining productive, loyal workers affects both the company’s financial bottom line, as well as its perceived image. Understanding both the current and forecasted states of the oil and gas workforce, in addition to recognizing the unique factors that drive individual workers’ attitudes and choices, helps companies make better employment decisions and plans.
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