News: Over 200,000 jobs could be needed as the circular economy grows, according to new study
Over 200,000 new jobs could be needed across Britain from the continued development of resource efficient activity to 2030, such as recycling, reuse and remanufacturing, according to a study by WRAP and Green Alliance.
Tuesday, 27th January 2015
WRAP Cymru reports:The report Employment and the circular economy: job creation in a more resource efficient Britain indicates that development of resource efficiency, unlike other industrial transitions, requires more labour. Significantly, regions where unemployment is higher, such as the North East and West Midlands could see the greatest impact in job creation, especially among low to mid skilled occupations where job losses are projected for the future. On the current development path the 2030 the sector could:
- require an extra 205,000 jobs
- reduce unemployment by around 54,000
- offset 11 per cent of future job losses in skilled employment