Often, jobs created by a particular industry or government program aren’t obvious. For example, expanding our electric grid will create three distinct economic impacts:
- Direct effects include permanent jobs, wages from these jobs and revenue generated from the actual project. These will bring opportunity to those willing to participate in construction and assembly of wind turbines and transmission infrastructure required to make the project a reality.
- Indirect effects include jobs, wages and output created by businesses which provide the materials necessary for each project. Those supplying goods and services needed in the development process will enjoy increased business activity.
- Induced effects, the economic activity generated by the re-spending of wages by those employed in the industry, have the potential to keep the local grocery store open or the cafe in business.
Transmission infrastructure will be built throughout rural America. The jobs created as a result - see http://files.cfra.org/pdf/Renewable-Energy-and-Economic-Potential.pdf for more about renewable energy’s potential job creation - will contribute to America’s recovery now and create rural economic opportunities that can be sustained for decades to come.