The Obama stimulus package has a green lining... a special focus is being placed on green industry as key to the U.S. economic recovery.
In a report released in January, the American Solar Energy Society (ASES) forecasts a potential 37 million jobs from renewable energy and efficiency in the United States by 2030. This represents a more than quadruple increase from the 9 million jobs in this sector in 2007. The report states that "The renewable energy industry grew three times as fast as the U.S. economy, with the solar thermal, photovoltaic, biodiesel, and ethanol sectors leading the way, each with 25%+ annual revenue growth."
Brad Collins, ASES’ Executive Director warns, “But while the U.S. could see million of new jobs in renewable energy and energy efficiency, this will only happen with the necessary leadership, research, development, and public policy at the federal and state levels.”
The 37 million green collar jobs discussed in the report represent what the Society sees as the maximum potential, and many factors will need to allign to achieve these kinds of employment numbers. However, even if overly optimistic, it does point the recession-proof job seeker towards 'greener pastures'.
You can download the ASES' full report free of charge at: www.ases.org/greenjobs
For a listing of Green Jobs in Toronto visit TorontoJobClassifieds.com
Showing posts with label work. Show all posts
Showing posts with label work. Show all posts
Tuesday, February 17, 2009
Friday, January 9, 2009
U.S. Jobless Rate Highest in 16 Years: Most Job Losses in the Service Sector
According to a Reuters article published today, the US Labour Department reported Friday that the national unemployment rate rose to 7.2% in December, the highest level since January 1993 and worse than the predicted 7.0%, up from 6.8% in November.
While December Job Losses did not reach the predicted 550,000 level, they still represented 524,000 of the 2.6 million jobs lost in 2008, the largest decline since 1945.
Where were the greatest job losses in December? According to Reuters, the largest number of jobs lost in December were in services-providing businesses, which were down 273,000 jobs, an incredible 52% of the total.
Reuters quotes Richard Yamarone, chief economist at Argus Research in New York as saying "The job situation is ugly and is going to get uglier. There's no reason to expect hiring anytime in the next three to six months. We are not going to see any hiring until the government steps in and acts. Talk doesn't work," said .
It seems that all hopes are pinned on in-coming president's promised stimulus package. There feels like a lot of optimism out there that the Obama administration will rescue the U.S. economy from the worst financial crisis since the Great Depression. The wolrd-wide free market holds its holds its collective breath as their inter-dependent economies await an American turn-around.
What does this mean to the average worker? US citizens have voted for an administration they believe will help them the most. But will a US stimulus package help an unemployed Canadian auto worker? Perhaps indirectly and over time, but that will only be true if the Obama administration succeeds in pulling their economy out of what is predicted could be the longest recession in their history.
Find Work in Toronto
While December Job Losses did not reach the predicted 550,000 level, they still represented 524,000 of the 2.6 million jobs lost in 2008, the largest decline since 1945.
Where were the greatest job losses in December? According to Reuters, the largest number of jobs lost in December were in services-providing businesses, which were down 273,000 jobs, an incredible 52% of the total.
Reuters quotes Richard Yamarone, chief economist at Argus Research in New York as saying "The job situation is ugly and is going to get uglier. There's no reason to expect hiring anytime in the next three to six months. We are not going to see any hiring until the government steps in and acts. Talk doesn't work," said .
It seems that all hopes are pinned on in-coming president's promised stimulus package. There feels like a lot of optimism out there that the Obama administration will rescue the U.S. economy from the worst financial crisis since the Great Depression. The wolrd-wide free market holds its holds its collective breath as their inter-dependent economies await an American turn-around.
What does this mean to the average worker? US citizens have voted for an administration they believe will help them the most. But will a US stimulus package help an unemployed Canadian auto worker? Perhaps indirectly and over time, but that will only be true if the Obama administration succeeds in pulling their economy out of what is predicted could be the longest recession in their history.
Find Work in Toronto
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