Employment [Chapter 6]

Alabi, O. and Turner, K. (2017) Employment [Chapter 6]. In: The Economic Impact of Hydrogen and Fuel Cells in the UK. H2FC SUPERGEN, London, pp. 79-97.

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    Abstract

    This chapter focuses on the employment embodied in the hydrogen supply chain activity implied by the headline input-output ‘multiplier’ values introduced in Chapter 3 and decomposed for output and total value-added (GDP) in Chapter 4. Here attention is on considering the composition of hydrogen supply chain multipliers in terms of the sectoral location of jobs and the associated generation of wage income. The latter gives some indication of the ‘quality of jobs’ associated with particular areas of the hydrogen economy. This is in so far as wage income is an element of value-added at the economy-wide level (GDP by an income measure) and to the individuals who receive earnings from paid employment. Given that jobs in the input-output framework are reported in full-time equivalent (FTE) units (for reasons of aggregation across sectors) it is not possible to consider the quality of jobs from a part-time vs. full-time perspective. However, Chapter 7 does go on to consider skills requirements, which is another important indicator of the quality of jobs/employment (and one that may, to some extent correlate with wage incomes).