This graph demonstrates the amount of change in the employment rate in three sectors of the economy. It is noticeable that employment in the public sector and self-employment increased in the UK between 2000 and 2010, whereas the private sector experienced a gradual decline.
Regarding the private sector, the number of employees dropped sharply in the first two years, reaching approximately 40 in 2002. Over the next four years, employment remained relatively stable. However, despite a considerable increase over the next five years around 28, the figure declined sharply, going approximately 20 by 2010.
In contrast, employment in the public sector and self-employment showed an upward trend. Both sectors experienced steady growth in the first three years. The public sector saw a significant increase between 2002 and 2005, while employment declined slightly in 2005. Additionally, the self-employment rate gradually increased, reaching 50 by 2010.
Overall, while the private sector faced a decline in employment over the decade, the public sector and self-employment saw steady growth, with particularly strong gains in the later years.