Economy

xchrom

(108,903 posts)

31. Labor Shortage Threatens to Bust the Shale Boom

Sat Apr 19, 2014, 07:51 AM

Apr 2014

http://www.bloomberg.com/news/2014-04-17/midnight-welding-picks-up-slack-that-imperils-shale-boom.html

How high is demand for welders to work in the shale boom on the U.S. Gulf Coast?

So high that “you can take every citizen in the region of Lake Charles between the ages of 5 and 85 and teach them all how to weld and you’re not going to have enough welders,” said Peter Huntsman, chief executive officer of chemical maker Huntsman Corp.

So high that San Jacinto College in Pasadena, Texas, offers a four-hour welding class in the middle of the night.

So high that local employers say they’re worried there won’t be adequate supply of workers of all kinds. Just for construction, Gulf Coast oil, gas and chemical companies will have to find 36,000 new qualified workers by 2016, according to Industrial Info Resources Inc. in Sugar Land, Texas. Regional estimates call for even more new hires once those projects are built.

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