Economic Restructuring in North Carolina

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The predominant trend in the U.S. economy since the 1950s has been restructuring from a manufacturing to a service-sector base. Impacts include declining traditional blue-collar employment and increasing inequality between higher-paying jobs in the professional and technical sectors and low-wage, low-skilled jobs in the service sector. More recently, the rapid spread of digital technology and the Internet is spurring a new wave of economic restructuring. Key interconnected trends include e-commerce, the gig economy, and the subscription economy.

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