LABOUR SUPPLY NOT LIKELY TO MEET THE DEMAND OF GREEN JOBS
MAIN REASON IS ACUTE SHORTAGE OF STEM-EDUCATED WORKERS
14-10-2024 09:55 GMT-0000
-
World economy is in transition, so the world of work. The transition to a sustainable and green economy requires workers to move out of carbon intensive jobs to green jobs. Since green jobs are associated with wage premium – 7 per cent premium for men and an even higher premium of 12 per cent for women –men’s and women’s labour supply may not meet the demand.