Oil MIning

Mining, petroleum and tourism led to demand for labor in 2011

Mining, petroleum and tourism led to demand for labor in 2011According to the company Baytown, these three sectors developed an exponential growth in demand for employees this year. The company specializes in oil and mining, 12.6 percent called for more workers in 2010, while the development of culinary tourism and employees take more than 7 percent in 2010.

According to reports Baytown, “is the mining industry, oil and tourism sectors to develop a three-exponential growth” and “accompanied the country’s growth rate throughout the year.”

Companies in this sector during 2011 labor demanding and specialized personnel (technicians and professionals) and “corporate trend continues next year,” said Ricardo Wachowicz, president of Business Group Baytown.

Regarding mining, Argentina currently has 570 projects in exploration, construction and / or production only in 2010, and invested nearly 11,000 million pesos.

This involves more than two years creating at least 2,000 new SMEs in the mining services and the expansion and introduction of other new technologies in 3000.

“It’s important to include the national strategic suppliers that can contribute to a key element in the value chain such as human capital to hire companies that specialize in employment sectors which adds one more link in the chain bought the Argentine national employment records,” Wachowicz said.

On the labor demand of the trade, adding that “they were watching a number of very similar to seasonal orders last year, mainly in shopping malls, supermarkets and shopping”.

Another important sector in 2011 are tourism and gastronomy, which reached record numbers during the winter, with long weekends, and holidays Cope America, the latter showing the bridge in front of the holiday season Atlantic Coast by 90 percent and hotel occupancy areas such as Coy and CTF with a large acceptance of domestic tourists and foreigners.

About 70 percent of companies sued for the entire year in the fields of industry and commerce (37%) and administration (33%).

The company specializes in oil and mining, 12.6 percent called for more workers in 2010, while the development of culinary tourism and employees take more than 7 percent in 2010.

Global Oil Consumption in 2011

Global Oil Consumption in 2011These days it gave an upward revision of forecast global oil consumption by 2011 that the strong rise in demand from China and India, and the Organization of Petroleum Exporting Countries (OPEC) should respond to this increasing production in order to stop what may happen to the markets during the coming months and a possible sharp rise.

In the monthly report which addresses the situation of the oil market, the IEA stresses that more oil is not injected to the market; the market may be too nervous and reflect on the price of oil and an increase in prices such as gasoline and other.

Among the causes of lack of oil in quantity demanded is partly due to the conflict in Libya as reported, it halted the extraction and export from Libya. As is muster last May, in which Libya’s oil output was only 100,000 barrels a day, far below the 1.5 million bpd by OPEC required prior to the conflict.

Another fact that helps is unmet demand is that the United Kingdom, United States, Canada, Argentina, Yemen, Sudan and Kazakhstan, agreed supply cuts temporary even if these countries do not belong to the so-called oil cartel. But if the groups these continue to produce 200,000 bpd by 2011.

This led to the passage of a demand to OPEC from 29.7 million barrels per day during the second quarter of 2011 to demand a 30.7 million during the third quarter and for the fourth quarter that would drop to 30.1 million demand barrels a day.

All this global oil demand in 2011 will be 89.3 million barrels a day, about 120,000 barrels more than estimated 1 month ago compared with 2010, this means that there is an increase of 1.4%.