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Monthly Clean & Green Energy Newsletter
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| Staffing & Employment News
According to Bloomberg, the growth in corporate profits is an encouraging sign for a V-shaped recovery. The economy is expected to grow at 4% this year, which is up from the 3% prediction derived from a survey of economists earlier this year. This capital will be invested in equipment and hiring according to Joseph LaVorgna, chief U.S. economist in New York at Deutsche Bank Securities Inc.
The recent Business Roundtable survey shows 29% of participating CEOs plan on increasing hiring over the next 6 months (10% more than last quarter). This is the first time in two years that more companies anticipated higher employment than lower employment in the survey.
Such predictions are backed up by the recent report by The Conference Board's Help Wanted OnLine™ (HWOL) Data Series, which shows job demand has surged 870,000 for an increase of 27% over the past six months. "In a welcome sign for the job market, employers began the spring hiring season with a large 223,000 increase in demand for workers," said June Shelp, Vice President at The Conference Board. According to the ADP (Automatic Data Processing) National Employment report for April, private sector employment increased by 32,000 from March to April on a seasonally adjusted basis - and this does not include any of the federal hiring for the 2010 Census. This marks the 3rd consecutive month of private employment growth. Read the rest of the article and see links to recommended articles  |
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Clean & Green Job Trends
Venture capital investment has dried up over the last few years, with 2009 being one of the worst years ever; that said clean energy investment declined by only 6.6%. 2010 is showing encouraging signs of recovery and is predicted to grow by 25% to $200 billion according to Pew. Quarter 1 of this year shows NASDAQ indices up over last year: CELS (clean energy industries) and QGRD (electric/Smart Grid) are both up nearly 50%; QWND (wind related industries) is up 32%.
Investment in the clean energy sector is picking up via government stimulus investment at home and abroad: $100 billion in the US. In fact clean energy's portion of the VC pie increased to its largest piece in 2009. Last year's revenues of the solar PV, wind and biofuels expanded over 2008, reaching $139b according to CleanEdge Clean Energy Trends 2010 report.
This investment translates to a powerful job outlook. The authors of the Clean Energy Trends report predict an almost 10-fold increase in employment in the Solar Photovoltaics sector between 2009 and 2019, and Wind Power should more than double. Factors that will affect the investment and growth in these green industries include cap and trade and other government policies and legislation, funding (VC, grants, loans, tax credits, direct investment, private-public partnerships, incubators and clusters), the increasing affordability of materials/technologies, larger scale deployment of infrastructure.
Suggested Reading:
Clean Energy Trends 2010 - Pernick, Wilder, Gauntlett, Winnie
CleanEdge Quarterly Update |
Where does the growth come from? - A Quick Look at Venture Capital Trends
"New and young companies and the entrepreneurs that create them are the engines of job creation and eventual economic recovery" according to the Kauffman Foundation. Both start-ups and young companies (age 2-5 years) account for the net job creation in the American economy; larger companies tend to grow by mergers and acquisitions. Investment is critical to funding startup and young companies. Venture Capital trends were dismal in 2008 and 2009, but are showing a comeback in Q4 2009 and Q1 2010.
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| Top Talent Sampler of the Month
Don't miss these particlarly talented candidates:
Green Sector:
- Solar PV Program/Project Manager. Extensive background in Solar from engineering, to project management to product/service development to business development and sales and marketing.
- Mechanical Engineer with MS from GA Tech, experience with turbines and rotating machinery.
- Experienced Meteorologist with wind energy project planning and analysis, Northeast region.
- Senior Sales Leader with 10 + years' experience in solar technology and power generation. Based in Southern CA, will travel. Panel/equipment sales and project development.
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Redfish Technology is one of the Best Places to Work
by Joanna Edwards, High Tech Recruiter, Sales & Marketing
Redfish Technology deserves accolades for the work/life balance offered to employees. It is one of the best places to work, from the recreational office locations and benefits designed to take advantage of the outdoors, to the community service and green focus of the company.
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About Redfish
Redfish Technology, Inc. specializes in sourcing talent in high tech and green energy sectors. Recruiting since 1996, the company offers nationwide coverage and boasts offices in Silicon Valley, the East Coast and the Intermountain West.
Our Mission:
Redfish is committed to providing the most progressive recruiting service by creating a partnership with our clients while upholding the highest standards of honesty, integrity, excellence, and performance. |
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Meet Joanna
Joanna Edwards, Executive Recruiter, High Tech
"I wanted to thank you personally Joanna, as is proper given that you have really "stuck by me" through this search. I am excited about my new post and look forward to sharing many tales of continued success when we meet in person"
- Jackson Clark, placed at Collective Media
"Joanna possesses a remarkable combination of enthusiasm and professionalism. It was both a delight and a privilege working with her. I know that she will be highly successful in anything she does."
- J.G. Digital Media |
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