In most free-market economies, the private sector is the sector where most jobs are held. This differs from countries where the government exerts considerable power over the economy, like in the People's Republic of China. The Bureau of Labor Statistics tracks and reports both private and public unemployments rates for the U.S.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
private-sector — UK US adjective [before noun] ► ECONOMICS relating to the part of a country s economy that consists of companies, businesses, etc. that are not owned by the government: »Government policy continues to emphasize private sector participation in… … Financial and business terms
private sector — n the private sector the industries and services in a country that are owned and run by private companies, and not by the government →↑public sector ▪ pay increases in the private sector … Dictionary of contemporary English
private sector — ➔ sector … Financial and business terms
private sector — n. The part of the economy not controlled by the government, in which private citizens work for their own profit. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 … Law dictionary
private sector — ► NOUN ▪ the part of the national economy not under direct state control … English terms dictionary
Private sector — Economic sectors Three sector hypothesis Primary sector: raw materials Secondary sector: manu … Wikipedia
private sector — the area of the nation s economy under private rather than governmental control. Cf. public sector. [1950 55] * * * noun [singular] : the part of an economy which is not controlled or owned by the government The private sector is growing. private … Useful english dictionary
private sector — / praɪvət ˌsektə/ noun all companies which are owned by private shareholders, not by the state ● The expansion is completely funded by the private sector. ● Salaries in the private sector have increased faster than in the public sector. ▪▪▪ ‘…in… … Marketing dictionary in english
private sector — noun the private sector the industries and services in a country that are owned and run by private companies, and not by the state or government: pay increases in the private sector | private sector employers compare public sector … Longman dictionary of contemporary English
private sector — N SING: the N, N n The private sector is the part of a country s economy which consists of industries and commercial companies that are not owned or controlled by the government. ...small firms in the private sector. ...the gap between the… … English dictionary