Sentences with phrase «sector employment surging»
In fact, ADP reported in early March that companies added jobs at a rapid pace in February 2017, with private sector employment surging by 298,000 — a total that shattered market expectations.
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The parallels with the recent Canadian experience are obvious: the surge in the prices of oil and other commodities that began in 2002 has been accompanied by a fall in employment in the Canadian manufacturing sector.
Analysts were encouraged however by the surge in new service sector jobs, explaining that a broad - based improvement in employment across all sectors is necessary for sustainable economic growth.
Employment and investment in the sector surged to record levels in 2017 and the industry's contribution to GDP reached an all - time high of # 1.5 billion.
Though this surge is propelled mainly by the public's trust in stable employment, the positivity is, in contrast, conveyed with hesitancy in sectors such as quality of life, the stock market and the economy.