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Green-Collar jobs are still growing!

16 June 2009 No Comment

Inspite of the hiring being slowed down by recession, green-collar jobs are growing double than that of traditional jobs. Clean Energy Economy study which is billed as the U.S.’s first state-by-state survey of green-collar jobs states that Green-collar hiring took a hit during the current recession and may accelerate beyond its 1998-2007 growth rate of about 9% a year which is more than double the 3.7% growth rate for traditional jobs.

As a fact more than 68,200 jobs across 50 states and the District of Columbia accounted for about 770,000 jobs relating to clean energy. California led the U.S. with about 124,000 green-collar jobs in 2007, followed by Texas with 56,000 and policymakers are coming up with fresh legislation which includes the $787 billion economic stimulus bill, along with upcoming renewable electricity standards and possible measures to limit carbon-dioxide emissions. There is more hope for job creation in the near future even as the economy struggles.

Besides government stimulus, venture capitalists have invested about $12.6 billion into this category during the last three years.
An excerpt from the Carbon Salary Survey

* The average salary in the booming climate sector was $76,000.
* The big green guns, upper-level managers, etc., earn six figures easily.
* Half of the survey respondents reported scoring a yearly bonus to the tune of $11,000.
* Monster.com is out .Greenjobsearch.org is in.

President Barack Obama said that he wants to create millions of “green collar” jobs. His stimulus bill includes more than $60 billion for clean energy including $11 billion to modernize the power grid to move energy from renewable energy projects to the cities and $2 billion in grants to develop better batteries for cars. He also supports a comprehensive federal energy plan that would launch a “cap and trade” market on greenhouse gases and national mandates forcing power companies to generate a part of their electricity from renewable sources.

So, we can conclude that Green-collar jobs are far more pink-slip proof than the other jobs.

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