The indicator is part of the Circular Economy indicator set. It is used to monitor progress towards a circular economy on the thematic area of 'competitiveness and innovation'. Innovation and investments (on eco-design, on secondary raw materials, on recycling processes and on industrial symbiosis) are a key element of the transition to a circular economy. The circular economy can make a significant contribution to the creation of jobs and economic growth. Looking at jobs and growth of relevant sectors indicates whether the transition to a circular economy is delivering the expected results. Sectors that are closely related to the circular economy such as recycling, repair and reuse, are particularly job intensive, and contribute to local employment.
