MarketWatch | Job Losses Start To Hit the Surprisingly Resilient US Oil Industry Wall Street Journal (blog) The mining and logging industry lost 3,000 jobs in January, one of the only sectors of the U.S. economy to cut payrolls last month. Among those working directly in oil and gas extraction, jobs declined by 1,900. This is, no doubt, a reversal of fortune ... Falling oil prices led to huge layoffs in January For oil workers, falling prices can mean layoffs Signs falling oil is walloping the energy sector |