Over the last 5 years, 37 Million new service Sector Jobs were added compared to 29 Million Industrial Jobs. Service sector jobs can pay less and demand longer hours, but the work is less intense and more rewarding for workers.
Most Service Sector jobs are created in the Domestic Market.
So if no new people are added to the work force, and 10 to 12 Mil. Jobs are added every year, the pay inflation will continue.
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