Quote:
Originally Posted by lorenavedon
employment has been slowing down already since early this year. The low oil prices will do nothing but fuel continued layoffs. The unemployment numbers are meaningless when %99 of the people working in EPCMs are contractors that don't factor into these numbers. People here made a lot of money and have large nest eggs so even when they stop getting new work / contracts they can last quite a while before panic sets in. If things don't pick up, 2015 doesn't look so hot.
|
As someone who works for an EPC I'd say your number is way off. I'd say 1-2% of our people are contractors-- how would an EPC make money otherwise paying contractors? Bill Bill Bill