The U.S. energy sector jobs grew by more than 300,000 in 2021, which indicates a 4% increase to more than 7.80 million, while job growth across all industries rose by 2.8%.
The bullish investors’ sentiments on the energy sector are reflected by the Energy Select Sector SPDR Fund (XLE), gaining 30.8% year-to-date, while the broader SPDR S&P 500 ETF Trust (SPY) declined 19.7% this year.
