Spain’s green jobs experiment a bust

|  June 25, 2009 |

And yet we’re heading down the same path. A report concludes that these “green” jobs require government subsidies to the tune of $800,000 to $1.4 million each and yet entail the loss of 2.2 million jobs in other industries due to the, and I love this phrase, “political allocations are sub-optimum in terms of economic efficiency.”

After launching the most ambitious green jobs initiative, Spain’s unemployment now stands at more than 18 percent. Don Quixote would be proud.

More About: 

Do you want some tips to stay safe on the job site?

Equipment World has created an entire section devoted to safety.

Click here to check it out. »

 

Here are the most recent tips we've posted:

Hauling headaches: Know your load limits when trailering equipment

One-man machines: The operator should be the only person on a wheel loader

advertisement
advertisement
advertisement
advertisement