From Manufacturing To Service and Research
As with most of the British economy, manufacturing in Birmingham has declined in importance since the 1970s, and it now employs a minority of the workforce. In recent years Birmingham's economy has diversified into service industries, retailing and tourism, which are now the main employers in the city. There are problems when labour skills do not match available job vacancies. Jobs in the service and tourist sectors are estimated to rise by 50,000 over the next ten years.
Read more about this topic: Economy Of Birmingham
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