110                  WISCONSIN BLUE BOOK 1987-1988

  share grew to 64 percent in 1985. The last column of Table 1 shows that
  service sector growth has been responsible for nearly all (95 percent)
of the
  new jobs created in that time.
    According to Table 2, manufacturing is still the largest industry employing
  more than 30 percent of Wisconsin's workers. Wholesale and retail trade
is
  the second largest with 29 percent. Personal and business services is third
  employing nearly 24 percent. The other service industries together employ
  less than 12 percent.



         Table 2: Average Annual Employment Growth Rates
                Wisconsin Industry Groups, 1970-1985

                                Annual Growth  Annual Growth  Annual Growth
                   Employment       Rate           Rate            Rate
  Industry           in 1985      1970-1979      1979-1985       1970-1985
  Agriculture, Forestry, 13,588      17.8           2.1           11.3
    Fisheries
 Mining                  1,730       0.6            -6.3          -2.3
 Construction           62,781       4.5           -3.8            1.0
 Manufacturing         509,542       1.9           -2.3            0.1
 Total Services       1,063,874      6.6            2.0            4.81
 TCU                    89,441       2.1            1.5            1.93
 Trade                 481,227       4.5            1.3            3.25
 FIRE                  102,609       5.9            2.0            4.41
 PBS                   390,597      13.1            2.9            9.01
 Total                1,651,515      4.6            0.3            2.84
 Source: Wis. Dept. of Industry, Labor and Human Relations, Monthly Employment,
1970-1985,
   Table 210.



   From these figures, it is evident that manufacturing has generated much
less than its share of new jobs. Manufacturing accounts for less than 2 per-
cent of the new jobs created since 1970. During that same period, the trade
and the personal and business service industries both generated much more
than their share. These two categories alone account for over 80 percent
of
the jobs created in Wisconsin since 1970. The other service sector industries
combined created over 12 percent of the total.
   A closer look at the data, however, suggests that the Wisconsin employ-
ment environment of the Seventies was quite different from the environment
of the Eighties. In the years 1970-1979, world trade expanded rapidly. Wis-
consin employment grew at a healthy rate of 4.6 percent. Manufacturing
accounted for over 17 percent of the new jobs created in that period.
  On the other hand, world trade expansion slowed sharply in the years
1979-1985. Wisconsin manufacturing lost most of the jobs it had gained in
the previous decade. Annual employment growth in Wisconsin was only 0.3