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The majority of service sector, light manufacturing, and retail jobs are considered secondary labor. [1] Secondary market jobs are sometimes referred to as “food and filth” jobs, a reference to workers in fast food, retail, or yard work, for example. [2] A secondary-market job is distinct from a "secondary worker".
In macroeconomics, the secondary sector of the economy is an economic sector in the three-sector theory that describes the role of manufacturing. It encompasses industries that produce a finished, usable product or are involved in construction .
Secondary sector jobs are mostly low-skilled, require relatively little training, and can be learned relatively quickly on the job. Many such jobs feature high turnover, and/or variable demand. Employers are reluctant to invest in such workers, via advanced training or other employee development activities.
The report from the Bureau of Labor Statistics, with preliminary revisions to the jobs data, is due at 10:00 a.m. ET. Most economists expect a downward revision, with Goldman Sachs estimating that ...
Position papers range from the simplest format of a letter to the editor, through to the most complex in the form of an academic position paper. [1] Position papers are also used by large organizations to make public the official beliefs and recommendations of the group. [2]
One such an example is the REMI Model. [8] Additionally, new AI based software aLocal provides economic impact, financial forecast, market demand and employment estimates using a modified input/output algorithm using financial and community data in addition to the current software that only uses economic data. [9]
Three sectors according to Fourastié Clark's sector model This figure illustrates the percentages of a country's economy made up by different sector. The figure illustrates that countries with higher levels of socio-economic development tend to have less of their economy made up of primary and secondary sectors and more emphasis in tertiary sectors.
Example of a front page of a report. A report is a document or a statement that presents information in an organized format for a specific audience and purpose. Although summaries of reports may be delivered orally, complete reports are usually given in the form of written documents.