December 2017 JD Supra

According to the U.S. Bureau of Labor Statistics (https://www.bls.gov/emp/ep_table_201.htm), the Professional and Business Services (PBS) industry sector accounted for 12.9% of jobs in the U.S. during 2016 as opposed to 7.9% for the Manufacturing Sector (MS).  The Bureau projects that in 2026, PBS will account for 13.3% of jobs and MS for 6.9%.  Meaning, the U.S. Department of Labor is projecting that over the next 10 years, the PBS will “double pace” the growthhttps://www.jdsupra.com/legalnews/pass-through-treatment-don-t-bite-the-37365/