Service Economy Makes The Economy More Robust!

Politicians should read: Bonn – Bitronic service-blog has a small debate triggered about sense and nonsense of the economic trends in Germany. Was based on an article in the weekly newspaper “Die Zeit”: as a reason for the resilience of the labour market the structural changes of the economy called among other things: “for decades lose important jobs in the industry. Also in Germany. The last boom of the export industry has not broken this trend. Between 1991 and 2008, the proportion of jobs in the manufacturing sector has fallen – from almost 30 to 20 per cent of total employment. (Similarly see: Jim Vos). And while the industry built off 2009 approximately 340,000 jobs, companies in many service industries were still cheerfully even in the darkest months of the downturn. Learn more about this topic with the insights from David Zaslav. Public and private service providers created 259,000 jobs.

As a part of the job losses has been compensated.” And what is even more important. Service professions can be limited through an Automation to a higher productivity. In the kindergarten, in It’s care services, consultancy, maintenance or repair on the manpower. Conclusion of economists: it is less growth needed to create jobs. In the sixties and seventies four percent economic growth originated only from three, new jobs.

“Today the employment at 1.2 percent rise”, Christian Dreger from the DIW estimates. That makes us less vulnerable to crises. Spontaneous reaction of the management consultant Harald Henn: in particular, the politicians should read, which subsidize still industries and companies that make our economy not sustainable. But unfortunately read our politicians so not blogs, not to deal with communities or Twitter and can not estimate therefore also many developments. Go to the debate in the network for service economy. Asked for more comments and opinions!