Economists warned that the shift toward a service economy would ultimately deskill the workforce and lower the standard of living.

Question

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Economists have expressed concern that the shift toward a service economy might deskill the workforce and reduce the standard of living. This is because service jobs typically pay lower wages and require fewer specialized skills than manufacturing or other types of jobs. As a result, some workers may find it difficult to maintain their standard of living or advance their careers in a service-based economy.

Economists Warned That the Shift Toward a Service Economy Would