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US oil companies add thousands of jobs in April

US oil firms boosted payrolls by 3,800 in April, with Texas accounting for 3,300 of the new hires, bringing the total number of oil jobs in the state to 214,100 for the month, according to the Federal Reserve Bank of Dallas. However, depressed oil prices may force drillers to slash spending budgets next year and consequently slow down the recovery of the oil jobs market.

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