Deindustrialization Redeploys Workers to Growing Service Sector Becoming Key to Productivity Growth

October 1st, 2014
in econ_news

from the Dallas Fed

The decline of industrial employment in advanced economies is part of a long-term structural transition. A growing service sector, with an increasing share of jobs, has become key to long-run productivity growth.

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Source: http://www.dallasfed.org/assets/documents/research/eclett/2014/el1411.pdf















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