Abstract
The business services sector has become increasingly important in the Australian economy. The strong growth in its output and employment has been largely driven by demand for the professional, scientific and technical inputs that firms in this sector provide to other businesses. This, in turn, has reflected increased demand for the output of highly skilled labour by the mining industry and other parts of the economy, the increased use of outsourcing, and a range of technological developments.
Original language | English |
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Pages (from-to) | 1-10 |
Number of pages | 10 |
Journal | Reserve Bank of Australia. Bulletin |
Volume | 2013 |
Issue number | March |
Publication status | Published - Mar 2013 |
Externally published | Yes |