Newsletter
What Does the Changing Sectoral Composition of the Economy Mean for Workers?
Abstract: Over the past quarter of a century, the share of jobs in the U.S. economy in manufacturing has declined, while the share of jobs in services has risen. A common view is that because manufacturing jobs are relatively high-paying jobs, this shift has been negative for workers. However, jobs also differ in other ways, so looking only at pay gives an incomplete picture.
Keywords: Economy; employment;
Access Documents
File(s):
File format is application/pdf
https://www.chicagofed.org/~/media/publications/chicago-fed-letter/2016/cfl358-pdf.pdf
Description: Full text
Authors
Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2016
Order Number: 358