TITLE:
The Jobs Impact of the USA New Green Deal
AUTHORS:
Roger H. Bezdek
KEYWORDS:
Climate Change Jobs, Environmental Jobs, Green New Deal Jobs, Green Manufacturing Jobs, Sustainable Jobs
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.10 No.6,
June
10,
2020
ABSTRACT: In the USA and other nations there is intense interest in the Green New Deal (GND) and its jobs implications. However, there has not been a comprehensive analysis of the potential jobs impacts of the GND. This paper remedies this deficiency and provides estimates of the jobs likely to be created by the GND in the USA, including jobs in the manufacturing sector. We first estimate the current size of the green industry in the USA and find that it totals $640 billion in industry sales and 7.8 million jobs. We estimate that the GND would generate more than 18.3 additional million jobs throughout the economy. Of these, 2.25 million would be green manufacturing jobs, and these are disaggregated by major industrial components (2 and 3 digit NAICS Code). The GND jobs are concentrated within a number of sectors, including manufacturing and professional, information, and scientific and technical services. Thus, not only is the relationship between the GND and jobs positive, but the types of jobs created are disproportionately scientific, professional, technical, high-skilled, manufacturing, and high-wage jobs—the very types of jobs highly sought after.