Correct Deecie, & I would think twice about the oil industry as a career choice for today's school leavers up here. Many made redundant may also think twice about returning if there ever is a pick up again - although no doubt some may do.
Let's put it this way - if I had the money I would get the hell out of the place & not return; it's dying on it's arse & there are very few Sir Ian Wood's out there trying to revive it. I wouldn't trust any politician whose lips move.
A lack of foresight to diversify & being taken for granted are now being brought into very sharp focus.
More jobs/less unemployment - except here
More hotel occupancy & revenue - except here
More flights & routes - except - well you get the picture.