Shale oil and gas drilling in the U.S. will support a 45% increase in unconventional supply chain jobs between 2012 and 2025, according to a new report by IHS. The 757,000 supply chain jobs expected in 2025 would represent 41% of direct and indirect employment supported by unconventional oil and gas value chain activity. The unconventional supply chain job growth rate from 2012 to 2025 will outpace overall U.S. employment growth and manufacturing job growth.
Among the five supply chain sectors studied by IHS is capital goods, a group that includes pumps, compressors, power generators, boilers and heat exchangers, among others. The top sectors within capital goods — cutting tool and machine tool accessory manufacturing and wholesale of machinery and equipment — will see combined employment growth of 87% by 2025.
The remaining sectors included in the study are construction and well services, logistics, materials and professional and other services. Construction and well services and capital goods account for more than 55% of the economic benefits supported by unconventional supply chain activity.
