05-02-2015, 10:48 PM
I think the oil price crash and subsequent pullback in drilling activities has had a bigger impact on the labor market than people have realized or were expecting. When you cut 800 drilling rigs and all of the associated industrial and support jobs that go along with it you are talking a big impact on the labor market.
I think overall we are going ok, but I'm not as bullish as I was last fall. Could be a sideways up & down market for a while.
I think overall we are going ok, but I'm not as bullish as I was last fall. Could be a sideways up & down market for a while.