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In the former Eastern Bloc countries, the public sector in 1989 accounted for between 70% and over 90% of total employment. [5] In China a full 78.3% of the urban labor force were employed in the public sector by 1978, the year the Chinese economic reform was launched, after which the rates dropped.
The BLS also provides numbers for private-sector non-farm employment and other subsets of the aggregate. Among the presidents from Jimmy Carter to Donald Trump , Bill Clinton created the most jobs at 18.6 million, while Ronald Reagan had the largest cumulative percentage increase in jobs at 15.6%.
There are two sector, public and private insurance. According to Center for Disease Control and Prevention statistics, in 2021, 13.5% of people aged 18–64 were uninsured, 39.5% used public insurance, and 60.4% used private insurance. Even though personal insurance coverage is more common than public insurance coverage, and people typically ...
CareerBuilder He's the leader of the free world, but the does president's salary measure up to his power? Not if you compare his salary with top leaders in the private sector. George W. Bush earns ...
The nation's private sector employs 85% of working Americans. Government accounts for 14% of all U.S. workers. Over 99% of all private employing organizations in the U.S. are small businesses. [150] The 30 million small businesses in the U.S. account for 64% of newly created jobs (those created minus those lost). [150]
Companies in the private sector added 122,000 jobs in December, payroll processing firm ADP said on Wednesday. The figure is below economists’ estimates of 140,000 jobs and lower than the prior ...
Private sector employment increased by 475,000 from January to February, according to the ADP National Employment Report, released Wednesday, March 2. The figures beat analysts' expectations and ...
Since World War II, the United States economy has performed significantly better on average under the administration of Democratic presidents than Republican presidents. The reasons for this are debated, and the observation applies to economic variables including job creation, GDP growth, stock market returns, personal income growth, and corporate profits.