Final answer:
The claim that service-industry jobs are growing faster than goods-producing industry jobs is true. Service sector jobs have seen dramatic growth, while manufacturing jobs have declined since the late 1970s, affected by factors like outsourcing and globalization.
Step-by-step explanation:
The statement that jobs in service-producing industries have been increasing at a faster rate than those in goods-producing sectors is true. Numerous reports, including data from the U.S. Department of Labor's Bureau of Labor Statistics, confirm this trend. Jobs in the service sector, which include a broad range of occupations like healthcare, education, and fast-food services, have grown significantly. On the other hand, jobs in goods-producing industries, particularly manufacturing, have seen growth stagnate or even decline over recent decades, with the peak of manufacturing employment occurring in the late 1970s.
The growth in service sector employment can be attributed to several factors, including technological advancements, globalization, and consumer preferences shifting towards services over goods. Outsourcing and offshoring are among the business practices that have contributed to the reduction in manufacturing jobs in the U.S., as companies seek cost savings through operations in countries with lower labor costs.