Thread regarding Weatherford International Ltd. layoffs

Oil Jobs Lost: 250,000 And Counting, Texas Likely To See Massive Layoffs Soon

http://www.zerohedge.com/news/2015-11-26/oil-jobs-lost-250000-and-counting-texas-likely-see-massive-layoffs-soon

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There are 10,000,000 unemployed people in the US. The 250,000 oilfield layoffs didn't even increase the unemployment rate by .25%

Look around, there are a lot of jobs that could be replaced by computers and then those people could go get better jobs. The oilfield doesn't lead innovation it's holding it back.

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