What does it mean to say that service sector jobs are predominant in Europes mixed economics today
1 answer
It means that the majority of jobs in Europe's economy are in the service sector, which includes industries such as retail, healthcare, hospitality, finance, and telecommunications. This indicates a shift away from traditional manufacturing and agriculture sectors towards services, reflecting the trend towards a more service-based economy in Europe. This shift is characteristic of mixed economies, where both private and public sectors play a significant role in economic activity.