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The growth of the service sector in the U.S. economy has led to a shift in employment patterns and income distribution.
The service sector of the U.S. economy has witnessed significant changes in recent years. While historically, manufacturing jobs provided good wages, many of these have shifted to service sector jobs. The service sector includes diverse jobs ranging from low-paying to high-paying positions in areas like health, education, legal, financial, and more. This shift has led to a widening wealth gap in society.
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