The Intelligencer: Wheeling New Register of Wheeling, West Virginia released a heartbreaking article this morning, however; bittersweet in it's own nature.
Chesapeake Energy Corp. (CHK) launched a hiring spree in New Martinsville, WV on Wednesday, August 18. The turnout for the chance of a job, was hundreds. People lined up and waited for up to 3 hours for the chance of an interview and the possible hope for a job. As interest in the natural oil and gas industry rises, companies like Chesapeake are one of the few industries who are in need of employees. The interviewees were filed through the interview process much like an assembly line where they were first screened at the door and then thrown into one of four categories based on experience and skill level.
Two men who were looking for the chance at the appealing prospect of a steady job, Eric Westbrook and Shawn Long were thankful Chesapeake was in the area stating that "(the gas industry) is the only thing that is here", as far as jobs are concerned. Both men have been working contracting jobs without the promise of hours every week and without health insurance. While Chesapeake Energy has the means to hire and is giving towns like Martinsville, WV who have been struck hard by the economic downturn some hope, a line of hundreds looking for a job at a single company is an upsetting reminder that the U.S. is far from recovery of an economic crisis.
For more details and full story: http://www.theintelligencer.net/page/content.detail/id/540871.html?nav=515
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstock blog.blogspot.com
Two men who were looking for the chance at the appealing prospect of a steady job, Eric Westbrook and Shawn Long were thankful Chesapeake was in the area stating that "(the gas industry) is the only thing that is here", as far as jobs are concerned. Both men have been working contracting jobs without the promise of hours every week and without health insurance. While Chesapeake Energy has the means to hire and is giving towns like Martinsville, WV who have been struck hard by the economic downturn some hope, a line of hundreds looking for a job at a single company is an upsetting reminder that the U.S. is far from recovery of an economic crisis.
For more details and full story: http://www.theintelligencer.net/page/content.detail/id/540871.html?nav=515
For more shale updates, visit: http://blackberrystocks.blogspot.com
For more stock updates, visit: http://daytradingstock blog.blogspot.com