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The Energy Capital of The World!
Despite the oil slump, Houston is still known as the energy capital of the world with over 5,000 energy related firms and one third of the nation's oil and gas experienced talent pool. Unfortunately, the oil and gas industry continues to cut jobs as it copes with the downturn. As layoffs are announced, some of this highly marketable talent pool becomes available to employers hiring for those skills sets.
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Cuts in Shell's 2015 capital spending cause thousands of layoffs...
The company
currently employs approximately 94,000 workers, 12,000 of which are Houston based. The 20% cut from last year causes Shell to decrease its workforce by 6,500 employees.
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The oil and gas industry employs individuals that have developed transferable skills that are highly sought after by other industries.
- Technical ability
- Evidence of working well with deadlines
- Accountability
Click here for more
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 Chevron Corp.
cuts 950 of its
8,000 Houston
employees...
The plan is to reduce costs by $1 billion,
remain committed to the growth in Downtown Houston.
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Pairing companies with talent may lead to consortium of employers utilizing the Skills Development Fund. For more information on how this fund works, view July's 2015 Issue of The Buzz.
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New Pierce Junction Storage Facility by Fairway Energy Partners LLC
This project will convert underground space near the intersection of the 610 Loop and State Highway 288 into storage space that will hold up to 20 million barrels of crude oil.
The initial phase of the project includes the construction of two separate bi-directional 24-inch pipelines that will connect the facility to the Houston area crude oil grid. Phase I is expected to be in service by the end of 2016, and will add more than one million barrels per day.
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Fairway Energy Partners LLC will hire hundreds of construction workers through completion of the storage.
Once the facility is in operation, the company will need assistance recruiting between 35 and 40 skilled employees.
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Medical Office Market Drives New Development and Leasing Activity
While some jobs in the oil and gas industry are lost, jobs in the healthcare industry continue to grow throughout 2015.
Texas Children's Health Plan is expanding to Bellaire. The subsidiary of Texas Children's Hospital makes the move in February, and will increase its staff from 350 to about 900 employees. In addition to the new lease, the Texas Children's health care system is undergoing other expansion projects in the hospital's West Campus. The competition for doctors, nurses, and other medical professionals is fierce as the projects approach completion. However, job openings for food service workers, maintenance technicians and administrative professionals, can be easily filled with talent from our supply.
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Hospitals have the largest concentration of high skilled workers thus offering the highest average pay of $1,306.61 per week in 2014.
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Recruiting Millennials
- 73% Of 18-34 year olds found their last job through a social network.
- Employers who used social media to hire found a 49% improvement in candidate quality over those sourced through traditional channels.
Of Today's 18-29 Year Olds
Are satisfied in their current job, but open to a new one
Expect the ability to apply for a job via a mobile device
View their current job as a stepping stone
Care about the time it takes to complete a job application
Expect to use either LinkedIn or an online resume to apply
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Meanwhile, Spring Valley Medical Plaza is underway, and is in close proximity to some of the finest hospitals in the country, Memorial Hermann Memorial City, and the Texas Medical Center's West Campus.
The project, which is expected to be completed by the end of this year, has a 1.5 million population within a 10 mile radius. The plaza will employ Surgeons, Nursing Assistants, Registered Nurses, Doctors, Imaging Specialists, Billers and Coders, IT technologists, Housekeeping, Food Service Workers, and Maintenance Technicians.
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Hospitals are expected to increase payrolls by 28.7 percent through 2022 and will account for about 37 percent of total healthcare employment in 2022.
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