The UK has a low proportion of people working in the primary industry. Only 2% of English workers are employed in this sector.
The Secondary Sector:
In the United Kingdom the secondary industry as a whole has been on decline for the last 25 years. Many manufacturing companies have relocated to the other parts of the world where the costs of manufacturing are less, so they can continue to make profits... displayed 300 characters
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Many manufacturing companies have relocated to the other parts of the world where the costs of manufacturing are less, so they can continue to make profits. Other examples of how they can increase their profits are: making different types of products and selling them by lower prices, employ less workers and reduce waste through using better machines... displayed next 300 characters
The service industry at the moment does not seem to offer a very promising basis for the expansion of employment.
Due to the slump in domestic sales, export orders, and employment opportunities the potential for the service industry to recover economically seems less and less possible...
The secondary external segment provides jobs that are low skilled, offer little autonomy and responsibility, low and unstable earnings, and poor working conditions, including casual and seasonal work...
As far as the present scenario is concerned the banking industry is in a transition phase. The Public Sector Banks (PSBs), which are the foundation of the Indian Banking system account for more than 78 per cent of total banking industry assets...
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