Shale development continues to be a huge economic driver and job creator for states where development is taking place. Recent reports in Pennsylvania and across the country show that states with shale development continue to reap the benefits of low unemployment and a surge in well-paying jobs that support economic growth.
The latest U.S. Bureau of Labor Statistics report shows the Marcellus Shale has created 15,114 direct jobs in Pennsylvania, marking an amazing 259.3 percent increase since 2007. While some believe this number should be higher, it’s important to note that these are only direct jobs. According to the Bureau of Labor Statistics’ Quarterly Census of Employment and Wages report, direct jobs were only defined as the following:
(1)oil and gas extraction (North American Industry Classification System (NAICS) 211), which represents establishments that operate and develop oil and gas fields; (2) drilling oil and gas wells (NAICS 213111), which contains establishments that drill oil and gas wells, as well as contractors that specialize in directional drilling; and (3) support activities for oil and gas operations (NAICS 213112), which comprises establishments that perform support activities, such as exploring, building, and dismantling wells.