OIL AND JOBS: AN ANALYSIS OF SELECTED MUNICIPALITIES IN THE STATE OF RIO DE JANEIRO

Abstract

Discovering and exploring oil in the pre-salt layer reservoirs displaced investments from the Campos Basin to the Santos Basin, causing changes in the labor market in the oil-producing regions. Hence, the present study seeks to analyze the impact of the oil sector on the labor market in places where Exploration and Production (E&P) activities are carried out, by means of the analysis of an equal number of municipalities bordering both basins, from the 2000s to the present. Information related to resident population, jobs, and educational level was considered. According to this study, municipalities that house equipment from this industry are those that provide the best indices in terms of jobs and educational level. In conclusion, the study stresses that structural changes in oil geopolitics make estimates of the evolution of the sector a very uncertain topic; however, analyses of future scenarios are still necessary.