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The Green Economy Needs Subsidized Jobs

Mount Equity Group Tokyo, Japan > News > Markets > The Green Economy Needs Subsidized Jobs

By Molly Bashay and Cameron Johnson

While the country is undoubtedly enduring a climate crisis, it is also experiencing a jobs and economic crisis, exacerbated by the pandemic. The current 5.4 million jobs shortfall means millions of families are still economically insecure as already-meager federal aid comes to an end. After the most economically devastating year since the Great Depression, workers and families are still far from a pre-pandemic normal. Unfortunately, that pre-pandemic normal included 50 million workers earning poverty wages. Moreover, communities that have been marginalized have long faced inequities in hiring, wages, and unemployment. Congress must make investments in workers and families that prioritize quality training and employment opportunities that lead to families’ economic security. Congress must advance a federal subsidized jobs program, focused on essential work available now in the green economy, as…

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