SOC 326 7-24-08 From an Industrial to a Service Economy-Service Industries-A growing proportion of workers are now employed in service industries.-Ex. Retail, food services, professional services, health care.-The majority of new jobs created are in the service-sector.-In 1940 less than half of the US labor force was employed in service industries.-As of 2000, the percentage is around 75%.-Service industry jobs vary greatly.-Some are low-skill jobs in food service and health care, or repetitious and poorly paid clerical and data-entry jobs.-Others entail the need for high-skilled workers.-The number of highly skilled professional workers has grown in the service economy.-They hold a privileged occupational position based on their knowledge and expertise.-More money.-They command relatively higher wages.-Also a new class of low-paid service workers comes into existence.-Ex. McDonalds and Wal-Mart.-Wages and conditions resemble those of unskilled laborers in industrial age.
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