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Old 11-25-2009, 04:21 PM
1,963 posts, read 4,258,538 times
Reputation: 1433


Do you think it`s getting worse? I`ve been told that some oil companies are coming in and setting up rigs.

The housing market seems like it`s getting worse. Housing prices still in decline and people upside down on their loans.
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Old 11-28-2009, 03:25 AM
Location: Sunnyvale, CA
4,901 posts, read 8,927,610 times
Reputation: 2440
Extremely tight job market, been like that for several months. Not getting worse. Just the same. I haven't heard about or seen any new oil activity. I would question your source on that.
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Old 11-30-2009, 09:52 AM
Location: Wherabouts Unknown!
7,756 posts, read 16,478,914 times
Reputation: 9292
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Old 11-30-2009, 10:08 AM
16,191 posts, read 20,223,056 times
Reputation: 46762
One of my close friends works for a construction company based out of Silt that works with the energy companies and the state with road maintenance, equipment relocation, etc. Had breakfast with him and asked him that question. He just said it was a rumor, nothing more. He has been drawing unemployment one week, and working 2, maybe 3 days the next week. It will be that way till Spring anyway.

80'skeys is right, things are very, very slow. As the bulk of Halliburton, Weatherford, and other energy companies layoffs occurred in late March/early April, those workers have drawn out all their benefits and now filing unemployment extensions. Several people in my neighborhood are in that boat, and sadly some have moved as they have lost their homes due to foreclosure.

Sales tax collections are down, bankruptcies are up. Gonna be that way for a while.
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Old 11-30-2009, 11:38 PM
Location: Pueblo - Colorado's Second City
12,104 posts, read 20,389,927 times
Reputation: 4133
It seems like that with the switch to the "new" energy cities reliant on "old" energy will have problems as the jobs shift. In Colorado that means away from the western slope and to south east Colorado.
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