Oil and gas companies in the United States are producing more fuel than ever before but employing 25 percent fewer workers than a decade ago, leading to concerns about job losses as producers tighten their belts amidst a potential oversupply. The industry’s shift towards cleaner energy sources and increased productivity through technology and automation has led to job cuts and reduced wages, with many workers seeking alternative employment opportunities. Major companies like Exxon and Chevron are outsourcing roles to countries with lower labor costs, further impacting American workers in the oil and gas sector.
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If I Could Only Buy and Hold a Single Stock, This Would Be It.
Taiwan Semiconductor (NYSE: TSM) is highlighted as a top investment choice due to its status as the world's leading contract chip manufacturer, essential for nearly every industry. The company is positioned to potentially outperform the market over the long term, making it an ideal single-stock holding for investors. Explain It To Me Like I'm 5: Taiwan Semiconductor makes tiny parts called chips that help many different companies create their products, which is why it's a...
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