Energy companies have completed most of the 100,000 layoffs announced worldwide in 2014, after oil prices cratered and hope for a quick recovery faded.
Most of the 91,000 or so workers who lost their jobs were employed at oilfield-services firms and drillers, according to a story in The Wall Street Journal.
The job cuts have begun surfacing in federal employment statistics. About 3,000 fewer people were directly employed in oil-and-gas extraction compared to October, according to the Bureau of Labor Statistics. Roughly 12,000 jobs in energy support have evaporated since September.
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