This Earth Day, a landmark climate agreement will be signed by 130 nations at a UN ceremony—the greatest number of countries to ever sign an international treaty.
This is a clear signal that global leaders are committed to addressing climate change, an investment that’s reflected in labour markets worldwide—there are an estimated 7.7 million direct and indirect jobs in the renewable energy sector.
Yet these labour markets are not the strongest they have been. The decline in oil prices has rocked the entire energy sector—as prices for one commodity fall, other resources are affected as well. As the infographic below shows, the growth rate for job postings in oil, coal and many renewable energies have trended downwards for the past two years.
In the UK, though, oil makes the greatest share of energy job postings on Indeed—42% to be precise. But solar is not far behind, at 30%. If job postings for oil continue to decline at the current rate, solar job postings could outpace non-renewables by the end of the year.
Job seekers haven’t necessarily caught onto this trend, though. Interest in solar comprises 20% of all job searches for renewables and renewables alike. Wind makes up 21%.
See the infographic below for the latest trends in energy employment.