The U.S. rig count was 874 in July 2015, up from 859 in June 2015; Texas rig count was 375 in July 2015, up from 361 in June 2015; The Eagle Ford Shale rig count was 98 in July 2015, down from 103 in June 2015.
Source:Baker Hughes
Category: Industry
FLSA OT report for retail sales workers in electronics stores
In this post, we look at the weekly overtime (OT) hours typically worked by those who work in retail sales occupations, specifically in electronics stores. Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week. The tabulations below are based on U.S. Bureau of Labor Statistics (BLS) survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.
| Occupational Group Title | Percent of OT Workers | Average Hours of OT | 1 out of every 4 (25%) OT workers works at least: |
| Retail Sales Workers in Electronics Stores | 17.95% | 12.14 hours | 60 hours |
U.S. BLS data indicates that approximately 17.95% of retail salespersons in electronic stores work overtime hours in a given week. On average, these workers that have FLSA overtime work approximately 12.14 hours a week in OT. The average regular or straight time pay rate of these workers in the U.S. is approximately $13.89 an hour. The average FLSA OT rate, not including supplemental pay such as non-discretionary bonus pay, is $20.84 an hour.
Source: BLS (CPS March)
FLSA OT report for individuals working in truck driving occupations
In this post, we look at the weekly overtime (OT) hours typically worked by those who work in truck driving occupations.
Many of the employees that work in these jobs are not exempt from FLSA overtime pay and earn 1.5 times pay for hours worked over 40 in a given week.
The tabulations below are based on U.S. Bureau of Labor Statistics (BLS) survey data. The BLS job title groups are insightful, generally containing more specific job titles with similar knowledge, skills, and abilities (KSA), but can be more broad than a particular company’s job title listing. Also, some companies may have the job title listed here as exempt from FLSA or state OT due to their specific job assignments. The BLS does not make a distinction as to if the job title is exempt or non-exempt from OT.
| Occupational Group Title | Percent of OT Workers | Average Hours of OT | 1 out of every 4 (25%) OT workers works at least: |
| Driver/Sales Workers and Truck Drivers | 44.11% | 14.5 hours | 60 hours |
U.S. BLS data indicates that approximately 44.11% of truck drivers work overtime hours in a given week. On average, these workers that have FLSA overtime work approximately 14.5 hours a week in OT. The average regular or straight time pay rate of these workers in the U.S. is approximately $18.74 an hour. The average FLSA OT rate, not including supplemental pay such as non-discretionary bonus pay, is $28.11 an hour.
Source: BLS (CPS March)
STEM jobs decreased in CA, but increased in TX for June
California experienced a decrease of 549 innovation job openings from May 2015 to June 2015, a decrease of 0.69%. Texas experienced an increase of 79 innovation job openings from May 2015 to June 2015, an increase of 0.16%.
Our definition of STEM jobs: http://www.employstats.com/blog/2014/09/19/growing-national-interest-in-stem-fields-has-focused-our-research/
| State | Total Openings | Monthly Change | Yearly Change |
| CA | 79,402 | -0.69% | 8.76% |
| TX | 48,441 | 0.16% | 9.83% |
Source: BLS
Image source: http://projecttomorrowblog.blogspot.com/2013/11/i-am-scientist.html
Median rent prices rise for the three largest Eagle Ford Shale MSAs in May 2015
Median rent increased in San Antonio, Laredo, and Corpus Christi from April 2015 to May 2015.
Median house prices fall for San Antonio and Laredo, while Corpus Christi median house prices rose from April 2015 to May 2015.
Image source: http://www.asemooni.com/news/economic-news/the-president-agreed-with-the-increase-in-housing
Crude oil & natural gas prices see increase in May 2015
Crude oil prices increased from $59.62 per barrel in April 2015 to $60.25 per barrel in May 2015. Natural gas prices also increased from $2.56 per million BTU in April 2015 to $2.78 per million BTU in May 2015.
Texas crude oil production for May 2015 was 75,309,757 barrels, down from 77,472,269 barrels reported in April 2015. Texas natural gas production was 639,101,169 Mcf (thousand cubic feet) of gas in May 2015, down from the April 2015 natural gas production total of 661,025,675 Mcf.
Source: EIA, Texas RRC
Texas health care jobs increased by 0.4% from May to June
The health care and social assistance industry gained 5,100 jobs from May 2015 to June 2015. Compared to June 2014, the cumulative number of jobs added in this industry is 56,400, an annual increase of 4.2%.
Source: http://www.tracer2.com/admin/uploadedPublications/2138_TLMR-Current_Edition.pdf
Image source: http://blogs.wsj.com/health/2012/01/06/health-care-sector-adds-jobs-as-overall-employment-picture-looks-healthier/
Texas oil and gas extraction jobs increased by 2.3% from May to June
The oil and gas extraction industry in Texas gained 2,300 jobs from May 2015 to June 2015. Compared to June 2014, the cumulative number of jobs added in this industry is 1,100, an increase of 1.1%.
Source: http://www.tracer2.com/admin/uploadedPublications/2138_TLMR-Current_Edition.pdf
Image Source: http://www.eliteexploration.com/texas-oil-gas-companies/
Texas hydro-fracturing job openings decreased from April to May
The number of job openings in Texas for “petroleum engineers” and “geological and petroleum technicians” decreased from 661 in April 2015 to 639 in May 2015, while the searcher-to-job opening ratio increased from 1.97 to 2.16 in the same span.
The number of job openings in Texas for “derrick operators” and “roustabouts” decreased from 181 in April 2015 to 171 in May 2015, while the searcher-to-job opening ratio increased from 2.29 to 2.54 in the same span.
Source: BLS
Image source: http://wonderfulengineering.com/what-is-petroleum-engineering/
Texas job openings by major occupational group for May
Total number of job openings and median searcher-to-job ratio across all MSAs (metropolitan statistical areas) for each major occupational group in Texas in May 2015.
Texas May 2015
| Occupation | Openings | Searcher to Job Ratio |
| Transportation and material moving occupations | 21,863 | 0.5 |
| Installation, maintenance, and repair occupations | 18,972 | 0.52 |
| Sales and related occupations | 32,760 | 0.72 |
| Office and administrative support occupations | 59,401 | 0.79 |
| Farming, fishing, and forestry occupations | 1,109 | 0.89 |
| Management, business, and financial occupations | 60,970 | 0.91 |
| Service occupations | 69,934 | 1.17 |
| Production occupations | 23,088 | 1.39 |
| Professional and related occupations | 89,387 | 1.46 |
| Construction and extraction occupations | 16,079 | 1.47 |