The Employment Impact of Differences in Dmand and Production

replacing Manufactures, will have a minimal effect on the level of employment. But the spillovers
discussed above predict that Services are increasingly the winners even from demand for
Manufactures. In both cases a decreasing share of the jobs created are located within
Manufacturing while an increasing share is located within Services. As a net injection either will
concentrate employment increasingly in the Service industries; this concentration will be
particularly strong where the injection itself is into Services. It is these spillovers which have
brought about the sharp increase in the share of Services in total employment, of between 10
and 15 percentage points, in the six economies over the past 20 years (Figure 7).

See Figure 7

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