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Deindustrialization redeploys workers to growing service sector

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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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  • Valerie Grossman & Michael Sposi, 2014. "Deindustrialization redeploys workers to growing service sector," Economic Letter, Federal Reserve Bank of Dallas, vol. 9(11), pages 1-4, September.
    • Handle: RePEc:fip:feddel:00013
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    Cited by:

    1. Ioannis N. Kallianiotis, 2015. "Economic Crises and the Substitution of Fiscal Policy by Monetary Policy," International Journal of Economics and Financial Issues, Econjournals, vol. 5(1), pages 44-68.
    2. Evan Capeluck, 2015. "Explanations of the Decline in Manufacturing Employment in Canada," CSLS Research Reports 2015-17, Centre for the Study of Living Standards.
    3. Michael Sposi, 2015. "Navigating the Structure of the Global Economy," Annual Report, Globalization and Monetary Policy Institute, Federal Reserve Bank of Dallas, pages 10-17.

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