Economics, Energy and the Environment

How’s that green job creation working?

In today’s Examiner, Paul Taylor points out that President Obama’s “green jobs” plan isn’t working out quite the way they expected:

U.S. House of Representatives investigations have revealed the failed green jobs initiative in President Obama’s ambitious environmental agenda. With an initial government cost of one-half billion dollars, evidence proves that only about 10% of sponsored trainees were placed in green jobs.

As part of the Obama green energy program, the goal was to train 124,893 people, and place 79,854 (64%) in new green jobs. After 17 months, the results of the green jobs program indicate that only 52,762 were trained, and only 8,035 got green jobs – each job costs tax payers about $62,000.

Being interested in green jobs, I decided to dig into the data behind Taylor’s article. What I found is a veritable study in the difference between expectations and achievements:

Source: Employment and Training Administration

While I’ve written at length about the whole green-jobs debacle, this picture certainly paints more than a thousand words.

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