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1) Manufacturing jobs have been declining since the 50s as a percentage of the work force, as have agricultural jobs. Service jobs have always been increasing, but that is a very broad sector definition.
2) In a recovery, employment lags other indicators. The cost of employing people is very expensive and often the new workers do not contribute enough to justify what they cost. THis makes employers reticent to hire until certain that they will profit from the new labor. They delay the new hiring through temp services, contract labor, and overtime. They also put more work on existing employees, hence the productivity gains. These will ebb as more are employed.
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'Tis better to remain silent and be thought a fool, than open one's mouth and remove all doubt.
Samuel Johnson (1709 - 1784)
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