Green Jobs Much Less Impacted by Recession in California

It is always interesting to see how the green jobs sector is performing versus the entire economy, and California seems to be going in the right direction as the following article via Clean Technica shows. This kind of regular tracking of green jobs data is yet to emerge consistently in Asia, at least in the public domain.

Here’s the report:

“A new report by Next 10 has found that green jobs were twice as resilient following economic recession in California. New data published in the 2012 Many Shades of Green: California’s Shift to a Cleaner, More Productive Economy report show that “from January 2009 to January 2010, the state’s overall economy registered job losses of seven percent. Those losses are more than two times higher than the job losses tracked in the state’s Core Green Economy, which saw a three percent loss in jobs.”

Furthermore, looking at the matter from a longer term perspective shows even more dramatic differences. “In the long term, employment in California’s Core Green Economy grew by 53 percent from 1995-2010, while jobs in the wider economy grew by 12 percent.”

“The report suggests that amid volatile prices and tight markets, green entrepreneurs and their products and services will become increasingly competitive,” the LATimes reports.

“California’s strong foundation of environmentally focused innovation and research, as well as its early-adopter culture, will also help.”

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Leading Green Sectors

And, worth noting is that several sectors of the green economy saw growth during this tough time. “While employment and business growth varies across the 15 green industry segments, Energy Infrastructure (+14%), Advanced Materials (+4%), Clean Transportation (+1%), and Energy Generation (+1%) bucked recessionary trends, exhibiting growth during the recession from Jan. 2009- Jan. 2010. ”

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