
Green jobs supporters hailed the findings to justify "an American job recycling plan" in which two jobs from more productive sectors would be recycled to create each new job in a less productive sector.
If the findings in Spain are at all comparable to what could be expected from an American green jobs program, President Obama's promise to create 5 million green jobs will cost 11 million jobs in other sectors, and the medium-term increase in unemployment would be 6 million jobs.
Associated reports: http://www.juandemariana.org/pdf/090327-employment-public-aid-renewable.pdf; Washington Times; Politico; New York Times
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