Solar Panel Industry is the Top Provider of Jobs in 2016
Currently employing around 77% more workers than the coal mining industry, the solar energy sector should have 240,000 workers involved with it by the end of 2016.
According to numbers tabulated by Indeed, the world’s highest traffic job site, the solar panel industry will be the largest energy job producer.
The drop in job listings for those in the oil industry have occurred because of falling profits accompanying a decrease in demand.
Over the past two years, oil job postings are declining by around 12.6% every quarter, while solar jobs are dropping at an average of 1.7% per quarter.
Measuring the market share, oil was about 50% of all energy jobs, globally, while solar was 39%. Following current trends, this is due to change soon.
“The decline in oil prices has not just rocked that industry, but jobs linked to both fossil fuels and renewable energy,” said Tara Sinclair, chief economist at Indeed. “Whether or not solar overtakes oil on Indeed, energy workers would do well to position themselves for work in renewable fields such as solar, wind, and hydroelectricity.”