Action on climate change will cause labor market upheaval, OECD says

By Lawrence Ukenye | 07/10/2024 06:34 AM EDT

Some jobs will disappear while new opportunities will emerge, according to its annual labor report.

Dealing with climate change will cause substantial changes for U.S. workers, according to a new report from the Organization for Economic Cooperation and Development.

The transition to net-zero emissions will likely have only a “modest” effect on overall employment, but there will be shifts within the workforce, the OECD says in the U.S. section of an annual assessment of labor markets scheduled for release Tuesday.

OECD’s report found that “some jobs will disappear, new opportunities will emerge, and many existing jobs will be transformed.”


The annual OECD report provides a broad outlook of the labor markets of its 38 member countries. Its release this year comes as the U.S., like much of the world, is still shaking off the economic effects of the pandemic, which contributed to a sharp rise in inflation and job losses. It also comes as the U.S, also like other member nations, invests heavily to transition away from fossil fuels to address climate change.