Some people are concerned that "good" manufacturing jobs are being replaced by "bad" service- sector jobs.Why is this not necessarily a problem?

Question

Quizplus · Accepted Answer

All of the given options are valid reasons why the shift from manufacturing jobs to service-sector jobs is not necessarily a problem. Average real per capita income has continued to rise despite the rise of the service sector, indicating that people's economic well-being has not suffered. The decline in manufacturing employment is partly due to increasing productivity in that sector, which means that fewer workers can produce the same amount of goods. Consumers have an increased demand for services as real income increases, which is a positive sign that people are willing to spend their money on more than just material goods. Lastly, productivity increases in the service sector are likely underestimated, which means that service jobs may be more valuable and rewarding than we realize.

Some People Are Concerned That "Good" Manufacturing Jobs Are Being