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Purveyor

(29,876 posts)
Mon Dec 14, 2015, 06:21 PM Dec 2015

The Boom, The Bust, The Darkness: Suicide Rate Soars In Wake Of Canada's Oil Crisis

In what used to be the ‘Texas of the north’, unemployment is creeping to 2008 levels, employment insurance beneficiaries have doubled, and the once economic powerhouse is in the throes of a potential mental health crisis

Omar Mouallem in Edmonton, Alberta
Monday 14 December 2015 09.07 EST

Jesse Seibel of Whitecourt, Alberta, used to wake up every day at 3am, fully rested and ready to work. Having laboured in the northern oil patch since his teens, just like his father, the tattooed and pierced wireliner had grown oddly appreciative of the work’s long hours and hard labour.

At 26, Seibel, who never finished high school, was earning as much as $5,000 a month threading electrical cables into reservoirs, enough to live comfortably and never miss paying rent and child support.

Then, last February, he was sent on a three-day stint, not knowing that his employer was preparing his termination papers. He learned that he’d been laid off along with others days later. Within months, he and his girlfriend were homeless and moving into his parents’ house.

Now he’s $7,000 behind on child support payments. “I tried so hard to do it on my own, be a good father – the guy who goes to work everyday and earns his money,” he says. “It’s very depressing.”

Seibel’s represents one of 40,000 Alberta oil jobs lost since the price of petroleum plummeted late last year. According to Petroleum Labour Market Information, 185,000 will have been lost by spring, as a result of the market crash.

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http://www.theguardian.com/world/2015/dec/14/canada-oil-production-crisis-suicide-alberta
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The Boom, The Bust, The Darkness: Suicide Rate Soars In Wake Of Canada's Oil Crisis (Original Post) Purveyor Dec 2015 OP
Seeing the same Bust cycle Wellstone ruled Dec 2015 #1
 

Wellstone ruled

(34,661 posts)
1. Seeing the same Bust cycle
Mon Dec 14, 2015, 06:33 PM
Dec 2015

in Eastern Montana and the North Dakota Bakken. Same cycle as in 1977 when folks thought it would never end on the West Slope of the Rockies. Guys and Gals headed for the Patch to make the big money and tons had very limited Education but all you needed was a strong back and a weak mind. Tons ended up over their heads in debt,and ended up living in Mom and Dads basement for quite some time.

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