U.S. fracking boom adds 725,000 jobs

Valdmanis, R. (2015, November 6). U.S. fracking boom added 725,000 jobs -study. Retrieved November 23, 2015, from http://www.reuters.com/article/2015/11/06/usa-fracking-employment-study-idUSL8N13159X20151106

A study by the Natural Bureau of economic Research found that Fracking has created over 725,000 jobs between 2005 and 2012. The Boom in the use of Hydraulic Fracturing caused an increase in the amount of jobs created in the U.S.. These massive gains in jobs account for reducing the unemployment rate by .5% which doesn’t sound that large but is massive when you consider how many people are in the U.S. The study also researched the effect of the fracking boom on crime and found no significant correlation.

I think this finding supports the arguments of many people who are for fracking because the jobs it provides are vital for many people. I wonder what would happen to the economy if fracking were illegal nationwide and what people who were employed by the fracking industry would do if fracking were illegal. I think it is a complicated issue that must be dealt with differently in different areas.

One thought on “U.S. fracking boom adds 725,000 jobs

  1. In addition to environmental benefits that fracking adds, economical benefits, proven by this article are also evident.

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