Archive for June 27th, 2013

The June IT Employee Confidence Index indicates that confidence among U.S. tech workers declined in the first quarter of 2013, as workers expressed less confidence in their job security and employability. Nearly half (46 percent) of IT workers indicated that they are likely to look for a new job in the next 12 months.
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Credit: Kittikun Atsawintarangkul.

The World Steel Association reported last week that crude steel production hit 136 million tonnes (Mt) in May 2013. This represents a 3.6 percent increase over April 2013, and a 2.6 percent rise over May 2012. While output made gains, total capacity utilization was down slightly. Read more

Offshore oil workers have one of the lowest accident and illness rates of any industry.

Offshore oil workers have one of the lowest accident and illness rates of any industry.

What are described as “increasingly harsh conditions for oil and gas extraction” could lead to the industry increasing its spending for environmental, health, and safety (EHS) measures by 60 percent from 2011 to 2030, according to a recent report from Lux Research.

The report states that “As recent high-profile environmental disasters have prompted increased regulatory scrutiny in the oil and gas industry, environmental, health, and safety spending in this industry is expected to increase from $35 billion in 2011 to $56 billion by 2030.” Read more

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