Current labor market trends include _____. an increase in demand for low-skilled american labor an increase in workers staying i

Question

4 years ago

6

Current labor market trends include _____. an increase in demand for low-skilled american labor an increase in workers staying i

n the same job for many years an increase in the number of people not counted in employment statistics an increase in service jobs accompanied by a decrease in manufacturing jobs

Business

2 answers:

Fynjy0 [20] · Answer 1 · 2021-12-31T00:59:57+03:00

Fynjy0 [20]4 years ago

8 0

an increase in service jobs accompanied by a decrease in manufacturing jobs

frozen [14] · Answer 2 · 2021-12-31T03:29:32+03:00

Answer:

an increase in service jobs accompanied by a decrease in manufacturing jobs

Explanation:

Currently service jobs account for more than 70% of total employment, but it wasn't always like that. In 1990, there were manufacturing jobs than service in America, and the percentage of manufacturing jobs was even larger before.

The two main reasons why manufacturing jobs have decreased are automation (robots performing manufacturing tasks) and an increase in the imports from China and other countries.

Another important trend is that manufacturing jobs used to be the highest paid (in average) per hour, but since 2014 service jobs are paid more.

This trend is going to continue, there will be more high paying service jobs in the future and less low paying manufacturing jobs.