Fracking Slowdown in Permian Basin Leads to More Job Losses
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The throttling back of fracking in the world’s biggest shale patch is hitting the unemployment line in Texas.
Fracking contractor Superior Energy Services Inc. slashed 112 jobs from its Pumpco unit in the Permian Basin last month, according to an email Monday from the Texas Workforce Commission. The state received notice of the Ector County reductions on Nov. 22, with the firing date set for three days after that, according to the commission.