SOSC 1731 Lecture Notes - Lecture 10: Tertiary Sector Of The Economy, Quaternary Sector Of The Economy, Employment
27 Sep 2016
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Primary work: farmers, shermen, extracting resources from earth. Secondary work: use resources to create products , industrial work. Tertiary work: services (low class: maids/waiters, high class: lawyers, accountant) Tertiary sector: transportation, sales, food, health, professional services, etc. Quaternary sector: government, information, eduction (knowledge workers) Quinary sector: top of cials, science, universities or domestic, housewives etc. Information revolution, digital economy, post-industrial economy, etc. Scott walker (us) & mayor ford (toronto) - anti-union settlement. Canada"s employment rate increase 2. 4 per year + highest employment growth. Unemployment in us is higher than in canada. Part time employment is more common than full. Employees do not stay with same rm for too long (and rms expect this too) Middle class jobs disappearing - increase in low wage jobs. Rich get richer and poor get poorer. Job bank offers highest unemployment rate in toronto, kingston & windsor. Jobs of future involve constant upgrading & re-training. It jobs, computer jobs, healthcare jobs (all growing)
