Marijuana Is the Fastest Growing Job Sector in the U.S.
According to a new report by cannabis website Leafly and consultancy firm Whitney Economics, the United States added 64,389 full-time legal cannabis jobs last year ā a 44 percent increase in the weed workforce in 2018, meaning itās the fastest-growing job sector in the U.S. right now. The report calls it āAmericaās hidden job boom,ā estimating that more than 200,000 people work full time in the U.S. cannabis industry.
Weed Workforce
According to aĀ new reportĀ by cannabis website Leafly and consultancy firm Whitney Economics, the United States added 64,389 full-time legal cannabis jobs last year ā a 44 percent increaseĀ in the weedĀ workforce in 2018, meaningĀ itās theĀ fastest-growing job sectorĀ in the U.S. right now.
The report calls it āAmericaās hidden job boom,ā estimating that more thanĀ 200,000 people work full time in the U.S. cannabis industry ā and counting related jobs, likeĀ accountantsĀ and lawyers, that number rises close to 300,000.
Moreover, those numbersĀ are projected to keep rising overĀ the next fewĀ years. Legal cannabis is here to stay, and itās quickly becoming one of the fastest rising job makers nationwide.
Take It To The Dank
The legal cannabis industry is now worth over $10 billion, according to the report,Ā having increased a whopping 34 percent nationwide in 2018 alone.Ā California and Florida are alone expected to add 10,000 and 9,500 full time jobs in 2019 respectively.
āThere are now more legal cannabis industry workers than dental hygienists in the United States,ā reads the new report.
420 Employ It
But the numbers donāt necessarily tell the full story: after all, the use of marijuana is still technically illegal on the federal level, despiteĀ ten U.S. statesĀ legalizing recreational marijuana with more likely to follow.
While hiring hasĀ slowed significantlyĀ in February nationwide according to the Bureau of Labor Statistics, the marijuana industry is alive and well.
āUS marijuana legalization is a rare example of disruption creating jobs rather than destroying them,ā DataTrek Research co-founder Nick Colas said in a statement last week, asĀ quoted byĀ CNBC. āWith the US labor market recently showing signs of weakness and fears of an eventual recession in the wings, this is one industry that might soften the blow of an economic downturn.ā
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