Fortune, the prestigious global magazine on business and financial and stock market, reviews a report revealing that at the end of 2016 solar energy will offer more new jobs than the oil sector.

The report is made by the job offers search engine Indeed, an American company with worldwide customers. According to Fortune, “the world’s biggest oil companies are slashing jobs to cope with decreasing revenues, and one knock-on effect has been the drop in oil job postings.”

Along with this decrease in activity in the oil sector there has been an increase in jobs in the solar sector. Indeed explains that if this trend continues upward in the coming months, solar energy will become the largest energy market in the fourth quarter of 2016, as it appears from the analysis of job postings in its work portal, the one that concentrates the most traffic worldwide.

The renewable energy market, recommended

Tara Sinclair, chief economist at Indeed, states that “the decline in oil prices has not just rocked that industry, but jobs linked to both fossil fuels and renewable energy.” That’s why Sinclair gives a piece of advice: “Whether or not solar overtakes oil on Indeed, energy workers would do well to position themselves for work in renewable fields such as solar, wind, and hydroelectricity.”