Economic Message of the Week – White House Report: Green Jobs Booming

According to a report released
Monday by President Obama’s Council of Economic
Advisors
, jobs in the environmental sector are increasing
at a faster rate than those in other sectors, and are set to experience
“tremendous growth” between now and 2020.

The report,
which forecasts the changing labor market in the years ahead based on recent
market data, identifies green jobs as part of a growing sector that is
transforming the economy, according to a White House official. It emphasizes “worker
flexibility
” as key to an expected economic uptick.

New environmental sector jobs
are expected to include ‘blue collar’ work and “pay more on average than
otherwise comparable jobs.” They are also considered “more likely to
be…unionized” and instrumental in the growth of a secure middle
class.

Published: July 14, 2009