Abstract
The recent downturn in the oil industry hit geophysicists especially hard. As entire geophysics departments were shut down, U.S. service companies reported losing 38% of their workforce by March 2016 1 . Layoffs across the U.S. oil industry as a whole have been much milder though, registering only a relatively modest decline of 12% from the peak employment in October 2014 to its lowest point in January 2017 2 . As the industry began to recover in 2017, the hiring of geophysicists has been slow; for example, the website http://www.rigzone.com/oil/jobs/search/ accessed on 8 September 2017, listed four geophysics job openings out of a total of 3755 oil and gas jobs — a meager 0.1%. Such a statistic makes one wonder why the oil industry, having shed so many geophysics jobs, is in no hurry to replenish them.
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