Report Warns of Labor Decline in Western Australia

PERTH, AUSTRALIA--December 23, 2014--Researched by Industrial Info Resources Australia (Perth, Australia)--A report released by The Western Australian Chamber of Minerals and Energy (CME) indicates that the number of people employed in Western Australia's (WA)'s resource sector will decline up to 20% by 2025. The decline will be caused by the loss of construction jobs on major energy projects that are nearing completion. Falling commodity prices will also contribute to job losses, according to the report. Proposed projects like Woodside Petroleum's (Perth, Australia) (ASX, WPL) $40 billion Browse Liquefied Natural Gas (LNG) venture face the risk of being delayed or cancelled if commodity prices don't improve. Within this article: The Gorgon LNG project by Chevron Australia.