The potential employment benefits of a circular economy

On the current development path the circular economy has the potential to create over 200,000 gross jobs and reduce unemployment by about 54,000 by 2030 in the UK. It could also offset around seven per cent of the expected decline in skilled employment to the year 2022.

A more rapid development of circular economy activity could create around half a million jobs (gross) and reduce unemployment by around 102,000. It may also offset up to 18 per cent of the expected loss in skilled employment over the next decade.

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Source: Employment and the circular economy: job creation in a more resource efficient Britain by Julian Morgan and Peter Mitchell, January 2015, Green Alliance/WRAP.

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Written on 3rd September 2015Elin Pheasant
Published in News