The job and salary outlook for well-trained geologists who excel in their undergraduate career is exceptional.
Current Market Situation:
- Oil, natural gas, and precious metal prices have been climbing over the past few decades, driving up demand for new resources.
- Environmental concerns and the need for "green" technology have increased the demand for geologists, especially in the fields of hydrology, hydrogeology, and environmental geology.
- Scores of geologists that were trained and hired in the '70s during the oil boom are retiring.
- There are not enough geologists in the "pipeline" to replace those who are retiring or meet the growing needs for new geologists.
- Salaries for new geologists (with a BS), especially in the petroleum industry, are averaging about $80,000. Currently there is virtually no unemployment.
Websites to visit
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High Demand for Current Geoscience Graduates (podcast)
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Geoscientists in High Demend in the Oil Industry
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In the Geosciences, Business Is Booming
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Geologists Unearth Big-Time Offers
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Miners Top MBAs as Metal Boom Makes Geologists Scarce
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What Can I Do With a Career in Geology?
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Geology jobs and salary information
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Bureau of Labor Statistics, 2008–2009 (geosciences) This includes geology, mining, and petroleum industry
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Bureau of Labor Statistics, 2008–2009 (environmental science and hydrogeology) This includes groundwater, hydrology, and environmental geology—all jobs which require geology training.
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Bureau of Labor Statistics, 2008–2009 (surveyors, cartographers, photogrammetrists, and surveying and mapping technicians) Some geologists end up with careers in these fields. All these professions require some geological training.
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Geologist Shortage Is Worsening
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Energy Companies Help KU Combat Geologist Shortage
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Guide to Career Education in the field of Geology