chapter  6
Demography, labour force and market characteristics and trends
Pages 29

It was also pointed out in Chapter 3 that no national labour market exists in isolation from international developments and the process of globalization and expansion of international free-trade arrangements has contributed to the exporting of traditional manufacturing activities to the developing world, resulting in implications for the value of traditional skills and the job security of employees in the developed countries and also for the distribution of employment by sector and the availability and nature of jobs. Many countries within the developed world have experienced persistent unemployment and, proportionately, employment in the services sector continues to increase.