The Recycler
  • Katun March Web Advert 2021
  • Ninestar June 2022 Masthead Banner
  • Biuromax Web banner June 2022
  • ECS Web ad March 2022
  • Static Control June 2022 Masthead Ad

Circular economy could create three million EU jobs

Circular economy could create three million EU jobs

September 10, 2015

A report by WRAP has identified the extra jobs that could be created by 2030.circular_economy_infographic-300x264

The report, Economic growth potential of more circular economies, shows that expansion of the circular economy “could create three million extra jobs and reduce unemployment by 520,000” across the EU by 2030, building on a previous report to “show the picture” of what the circular economy could provide. WRAP states that the study “is the first that details the employment potential for each member state, the industries that would support it, and the skills that would be required”.

While there is already a circular economy workforce that “spans across Europe”, the study outlines and “illustrates the jobs potential for individual member states”. Around 3.4 million people are “employed in circular economy jobs” already, across repair, waste, recycling, rental and leasing sectors, with an expansion of the circular economy “potentially offer[ing] employment opportunities in all member states”, as well as “jobs that match the skills that are undersupplied in the market”.

A number of scenarios are also considered to demonstrate that by 2030, the circular economy’s current rate of expansion could “create an extra 1.2 million jobs” and “reduce structural unemployment by around 250,000”, but a “transformational expansion” would create the three million jobs and reduce unemployment by 520,000. WRAP specifically notes that “greater repairability” is just one area of improvement, which would “support the growing remanufacturing industry”.

Liz Goodwin, CEO of WRAP, commented: “Providing the bigger picture for the jobs potential from the circular economy for each individual member state makes the case for the EU to adopt an ‘ambitious’ circular economy package even stronger.

“This added layer of detail is the missing piece of the jigsaw that shows how the circular economy supports the themes of the commission’s wider plan for job creation and growth. It’s clear that many countries could see considerable benefits which could improve the jobs market, the economy, as well as the environment.”

Categories : Around the Industry

Tags : Circular economy Europe Remanufacturing

  • IR Italiana Web ad January 2021
  • Aster Big & Bold Web ad May 2022
  • Apex UStation web banner
  • GM Technology June 2022 Web ad
  • GPI Web ad June 2022
  • Static Control June 2022 Big & Bold Ad
  • Mito Big & Bold Web ad May 2022
  • PCL Web ad January 2021
  • CET June 2022 Web ad
  • CTS New Ad March 2022
  • Zhono web ad May 2022
  • ITP Web ad January 2021
  • HYB Web banner
  • CET June 2022 Web ad
  • HYB Web banner
  • Zhono web ad May 2022
  • PCL Web ad January 2021
  • ITP Web ad January 2021
  • CTS New Ad March 2022
  • PCL Web ad January 2021
  • CTS New Ad March 2022
  • Zhono web ad May 2022
  • HYB Web banner
  • CET June 2022 Web ad
  • ITP Web ad January 2021

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark

The Recycler Subscribe Web ad January 2021
The Recycler Subscribe Web ad January 2021