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on November 26, 2008 03:14 AM
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With each passing year, the U.S. economy relies less on the production of agricultural and factory goods and more on services to fulfill the American Dream. Today, four-fifths of our jobs are in services, a sprawling and diverse sector that includes janitors and cashiers and fast-food cooks, as well as bank presidents and college professors, software geeks, architects and filmmakers, chemical engineers and bioengineers, doctors and their nemeses, lawyers. Imagine this: In 2005 High Converting Envelop Scalping Forex System, there were more or less the same number of people employed in the legal services profession as there were in the auto manufacturing sector, yet lawyers contributed twice as much of the value added to our GDP as the automobile manufacturers. We are a service-sector-driven economy, plain and simple.
In 1950, the height of Americas Industrial Age, Chicago had 42 percent of its workforce in manufacturing, mining and construction, a share significantly above the rest of the country. Today, industry as we knew it then accounts for just 17 percent of the Windy Citys job base, a number below the national average. The remaining 83 percent are in services, putting the city slightly above the national average.
With this remarkable shift
from industry to services, Chicagos economy Trading Secrets Revealed - Money Management Course has continued to grow, on net adding nearly 400,000 jobs in the past quarter century. A great many of them are high-paying service-sector positions, putting Chicago 11th among the nations 280 metropolitan areas in household income. Thats in the top 4 percent. The Innovative Traveler
Last update : November 26, 2008 03:14 AM
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