Halliburton adding 11,000 jobs, mostly in North Dakota

@CNNMoney August 25, 2011: 6:25 PM ET
This year, Halliburton is planning to create as many as 11,000 jobs in the U.S. But you'll probably have to move to North Dakota if you want to snatch one up.

This year, Halliburton is planning to create as many as 11,000 jobs in the U.S. But you'll probably have to move to North Dakota if you want to snatch one up.

NEW YORK (CNNMoney) -- Halliburton is on a hiring spree this year, planning to create as many 15,000 jobs globally, including 11,000 in North America.

It's great news for the unemployed, especially those without a college degree, who -- says one company executive -- can often earn six figures a year after just two years of on-the-job training.

But here's the catch. You'll probably have to move to North Dakota if you want to snatch one of the positions.

Jim Brown, president of Halliburton's (HAL, Fortune 500) Western Hemisphere division, said the company has a need for everyone from MBAs to unskilled workers, as it builds its presence in the oil-rich Bakken shale region of North Dakota.

He broke the news in an interview with "Mad Money" TV show host Jim Cramer on CNBC Wednesday.

"If you have a willingness to work and an aptitude to learn with a high-school education, within a year and a half, two years, you can become a front-line supervisor. That job will pay $125,000, $130,000 a year," Brown said. "It's a tremendous opportunity. You got to come to North Dakota."

How North Dakota outpaced the U.S. economy

Out of all the 50 states, North Dakota had the fastest growing economy last year, because of oil exploration in its Bakken shale region.

Granted, the state's rural economy was starting from a small size to begin with, but in 2010 alone, it surged 7.1% -- much faster than the anemic 2.9% growth seen by the country as a whole. (See the 10 fastest growing states)

Jobs in the mining and logging industry -- which include oil drilling -- have grown 42.3% in the last 12 months, and the unemployment rate in the state is the lowest in the country -- at 3.3%. To top of page

Overnight Avg Rate Latest Change Last Week
30 yr fixed4.19%4.24%
15 yr fixed3.27%3.18%
5/1 ARM3.38%3.32%
30 yr refi4.18%4.20%
15 yr refi3.26%3.16%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Economic Calendar
Latest ReportNext Update
Home pricesAug 28
Consumer confidenceAug 28
GDPAug 29
Manufacturing (ISM)Sept 4
JobsSept 7
Inflation (CPI)Sept 14
Retail sales Sept 14
CNNMoney Sponsors
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.