The Employment Impact of Differences in Dmand and Production



Figure 17: Decomposition of Employment Change in the VIS due to Consumption among
Demand, Labour Productivity and Structural Change, US 1997 - 1977

15000

10000

5000


0

-5000






-10000

TOTAL MANUFACTURING

WHOLESALE AND

RETAIL TRADE; REPAIRS

HOTELS AND
RESTAURANTS

TRANSPORT AND
STORAGE

POST AND

TELECOMMUNICATIONS

FINANCE, INSURANCE

REAL ESTATE AND
BUSINESS SERVICES

COMMUNITY, SOCIAL
AND PERSONAL
SERVICES

PROD

-5757,0221

-7762,121

-196,7122

-581,1857

-1139,2818

-654,6372

250,7685

2830,3703

DEM

3757,7444

13976,9023

352,3712

1145,3835

1346,3912

2200,3631

3464,6241

11512,4576

Ointjndjntd

174,9856

151,9181

754,0122

-18,5075

335,6699

766,3657

503,5227

1459,8042

Total Manufacturing comprises: Agiculture (ISIC 1), Mining and Quarrying (ISIC 2), Manufacturing (ISIC 3), Public Utilities (ISIC 4), Construction (ISIC
5)

PRD: Productivity Growth Effect (Darj Shade, negative), DEN: Demand Growth Effect (Dark Shade, positive), INT_IND: Industry Linkages (pale
shade).

70



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