An oil drilling boom across the American West is creating a wealth of job opportunities at a time when most segments of the economy remain sluggish. The boom is the result of new and updated technologies allowing companies to go after oil reserves that until recently were trapped in shale formations, making them too expensive and difficult to tap even five or ten years ago.
The down economy continues to cause problems for Americans coast to coast, as initial unemployment claims jumped 13,000 this week to 462,000. However, one of the smallest states seems to be making some big strides. The Constitution State, Connecticut, has added 4,800 jobs since January, and 8,000 since December 2009.