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 Australia, solar makes up the greatest share of energy job postings on Indeed—66% to be precise. Oil makes up 21% and coal makes up 10%. So, despite negative growth rates, there are still more opportunities in renewables than in oil and coal.
And it appears job seekers are catching onto this trend. Growth in job seeker interest in solar has increased by 63% over the last two years, with interest in wind increasing by 25%.
See the infographic below for the latest trends in energy employment.