Green jobs are hot on LinkedIn

From: POLITICO's The Long Game - Thursday Jun 22,2023 04:02 pm
Presented by UnitedHealth Group:
Jun 22, 2023 View in browser
 
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By Allison Prang

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THE BIG PICTURE

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The hiring rate for the renewable energy industry has been higher than the oil and gas sector in recent years.

We had a sense that renewable energy was hot. LinkedIn backs that up: The renewable energy industry is hiring at roughly double the rate of the oil and gas industry, according to the job site's crunching of hiring data.

Renewable energy’s hiring rate has outpaced that of oil and gas since March 2020, with the gap continuing into 2023. LinkedIn calculates its hiring rate by taking the ratio of hires and dividing that by its total membership. That data is indexed to 2016.

The number of renewable jobs posted on LinkedIn this year was the highest ever. And in the first three months of this year, there were 69 percent more renewable energy jobs posted compared with the same period a year earlier, according to LinkedIn. Meanwhile, oil and gas job postings during that time period grew by 57 percent.

Across all energy sectors, the solar industry is hiring the fastest.

The high demand for renewables workers underscores a potential problem: a wide — and growing — gap between workers who have “green” skills and jobs that want them.

The social-media platform found that the percentage of workers with green skills rose by a median of 12.3 percent from 2022 to 2023, while the share of job postings wanting a worker to have at least one “green” skill jumped a median 22.4 percent.

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“The increase in demand for green skills is outpacing the increase in supply, raising the prospect of an imminent green skills shortage,” LinkedIn said. “This supply-demand disconnect is likely to rise considerably without significant workforce investments – particularly in sectors like finance, manufacturing, and renewable energy – as policies designed to curb climate change are introduced and rolled out in countries around the world."

One sector that has fallen particularly behind in the green transition is finance. The median green talent concentration among all industries is 12.3 percent. But in the finance industry, that percentage is just 6.8 percent, according to LinkedIn.

The industry, however, is showing signs of growth. The concentration of green skills in finance rose 14.8 percent over the last year, according to LinkedIn’s report.

 

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WHAT WE'RE CLICKING

The Economist Intelligence Unit is out with its annual ranking of the world’s most livable cities. The bad, albeit unsurprising, news: None are in the United States.

Fashion retailers are looking to resale as a way to reduce their carbon footprint and court green-minded shoppers. But they haven’t figured out how to make it pay, Bloomberg reports.

California's dams are being threatened by extreme weather events linked to global warming. The New York Times takes a look at the potential consequences.

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Recognizing the impact climate change has on human health, we’re also working to minimize our footprint by accelerating a path to net-zero, leading efforts to decarbonize the U.S. health system and reducing waste, water and paper usage. Read the report to learn more about our progress on sustainability.

 
 

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