Green Job Index November 2011 Green Jobs vs All Jobs
As the rest of the world waits for the European sovereign debt crisis to play itself out, the Australian job market holds its breath. There are clear signs of caution across all job sectors, and the green job market is no exception. Despite expanding Gross Domestic Product figures of 1.2% in the second quarter of 2011 over the previous quarter and the optimism generated in ‘green’ sectors by the newly approved Clean Energy Future package, green job vacancy rates have softened slightly since mid year, moving from 1.6% of all jobs to 1.4%.
These figures reflect the lower business confidence levels. Business confidence is still well above recessionary rates but has fallen since the start of the year (Roy Morgan Research). Global recession fears mean it’s a waiting game here in Australia. Cautious employers are choosing to delay projects and spending...
