The graph illustrates the employment rates across three economic sectors in the United Kingdom between 2000 and 2010.
A striking feature of the graph is the contrasting trends observed: the significant decline in the private sector’s employment rate, which started as the highest and ended as the lowest, juxtaposed with the consistent growth in both the public and self-employed sectors.
Regarding the private sector, the employment rate commenced at approximately 48 percent in 2000. Subsequently, it experienced a marked downward trend, being overtaken by the public sector in early 2003 and the self-employed sector in late 2007. The rate concluded at roughly 20 percent by 2010.
In contrast, the public sector began at around 38 percent and remained relatively stable for the subsequent two years. Following this, it fluctuated until 2007, when it reached slightly less than half of the job market share. It then exhibited a steady increase, exceeding 50 percent by the end of the period.
The self-employed sector displayed a similar upward trajectory to the public sector. Starting at below 20 percent in 2000, it experienced fluctuations until 2006. Thereafter, it demonstrated a gradual year-on-year rise, culminating at approximately 30 percent in 2010.
