The line chart illustrates the differences in the use of labour resources by three branches of the economy in the UK, over a ten-year period from 2000 to 2010.
In general, there are 2 key features that catches our eye. Firstly, there is a slight growth in the employment rates of the public sector and the self-employed one, which contrast with the dramatic fall of the private sector. Moreover, while at the start the private sector held a leading position, by 2010 public sector had overcame it, thereby occupying its niche.
Looking at the details, the public sector started second with approximately 40 percent of the employment rate. Then there was considerable growth between 2002 and 2005 followed by a slight dip. After 2007 the graph increased steadily. Similar pattern was presented by the sector of self-employment. It began its path with less than 20 percent of rate of employment and finished second with nearly 30 percents. From 2000 to 2002 there was negligible rise. After that the employment rate went down marginally and levelled off. Between 2004 and 2009 graph experienced a remarkable growth and then remained stable up to 2010.
By contrast, the employment rate in private sector decreases dramatically throughout 10 years, even though some periods of stability are present. Starting at roughly 50 percents there was a dramatic fall up to about 40 percent, leading by the level off between 2002 and 2003. Then there is a stable decrease in the employment rate finishing with about 20 percents of employment rate which is 30 percents less than what we have started with.
