Journal Article

Deindustrialization redeploys workers to growing service sector


Abstract: 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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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Economic Letter

Publication Date: 2014-09

Volume: 9

Issue: 11

Pages: 1-4