In a recent survey performed by Oil and Gas people in alliance with KPMG, more than 95% of the oil and gas workers reported that they suffered from financial problems due to the downturn in the oil industry. More than 50% of the respondents admitted an increase in debt over the years while 35% of them reported a significant amount of reduction in income every year.
Though the recent news in the oil sector looks positive and may increase employment opportunities in future; an estimation of the time is still quite uncertain.
Source: Oil and Gas People