Best States For Business 2016
By MARK AGERTON
Despite recent increases in oil and gas activity, some doubt that employment in the sector will ever reach the highs of 2014 again. Producers have been cutting costs and increasing productivity, partly thanks to an increased deployment of technology. Does this technological progress mean that some of the jobs lost in the sector over the last two years will not come back, even if high oil prices do?Fears that technological progress might eliminate jobs are nothing new. While technology increases productivity and makes society wealthier, these gains aren’t always equally shared. For […]
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