Cycling is a BiggerJobCreatorInEuropeThanAutomakersInThe US

[MitchJi]

Cycling is a bigger job creator in Europe than anything we are doing here in America

Tue Dec 09, 2014 at 11:44 AM PST

I am a touch late to this information but it seems pretty important. The first large-scale study on cycling's economic benefits was published about a year ago (pdf). In it the researchers tried to quantify the economic benefits of cycling. They looked at health costs, fuel savings (oil), the reduction in infrastructural stress to cities (people biking versus using traditional vehicles), reductions in air and noise pollution as well as reduced CO2 emissions. On top of that they looked into cycling and the tourism industry as well as the retail and bike maintenance industry. They found out some interesting, pretty exciting things:

Cycling Is Creating More Jobs in Europe Than Automakers Are in the U.S.

Want to lower greenhouse gas emissions, get fit, and create new jobs? Ride a bike.

That’s the finding of the first comprehensive study on Europe’s cycling industry, which details a cycling economy that employs more than 655,000 people in industries such as retail, manufacturing, infrastructure investment, and tourism.
On just two wheels, the industry is creating more jobs than Europe’s high-fashion footwear industry (388,000 jobs), its well-established steel sector (410,000), and the United States’ Big Three automobile companies (Ford, General Motors, and Chrysler) combined (510,000).

Cycling, it turns out, is not a bad way of reducing our carbon footprint, while continuing to grow our economies. Hopefully, studies like this one will provide European (and maybe American) governments/municipalities the evidence needed to up their cycling-related budgets.

 

[Nobuo]

This is a really good piece of news, I wonder how asian market is compared with EU.
However USA is also creating very important Jobs in the cycling market and one of the most important for electric vehicles market and Solar cells /solar installations market, in a pair of years the Tesla Gigafactory should create another wave of jobs. So that count!