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According to the U.S Bureau of Labor Statistics, the long-term shift from goods-producing to service-producing employment is expected to decline.

Option 1: True
Option 2: False

User Thesimm
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Final answer:

The statement is false. There has been a significant increase in service sector employment, while manufacturing jobs have declined since the late 1970s, aligning with the U.S. economy transitioning to a postindustrial service economy.

Step-by-step explanation:

The statement that the long-term shift from goods-producing to service-producing employment is expected to decline is false. According to the U.S. Department of Labor's Bureau of Labor Statistics, there has been a considerable increase in service sector jobs over the last few decades. In contrast, manufacturing jobs saw a peak in the late 1970s but have since declined by more than a third. This transition reflects the United States moving towards a postindustrial service economy, especially with the rise of the information age. The ongoing trend underscores a diminution in goods-producing industries and a corresponding ascent in service-producing roles. Furthermore, unions that were historically stronger in manufacturing have not seen the same level of growth within the service sector, which is now a dominant part of the U.S. economy.

User Acheme Paul
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