Since 2007, around 300,000 net new jobs have been created in the health care sector, 200,000 jobs in professional and scientific services and around 130,000 jobs in each of the mining and education sectors. In contrast, the number of manufacturing jobs has declined by around 70,000, and the number of jobs in retailing is largely unchanged.
Graph 4  BIS central bankers’ speeches  3  These disparate trends have added to a general sense of uncertainty in many parts of the community. Job losses can be very disruptive when they occur. They tend to be more visible than job gains.