private sector

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private sector

that part of the economy concerned with the transactions of private individuals, businesses and institutions (the PERSONAL SECTOR, the CORPORATE SECTOR and the FINANCIAL SECTOR, respectively). The private sector and the PUBLIC SECTOR make up the domestic economy and, together with the FOREIGN SECTOR, make up the national economy.

private sector

A portion of the economy composed of businesses and households,but excluding government.

References in periodicals archive ?
The decision is viewed as an alert to commercial banks to consider cutting interest rates on commercial loans and enable more access to loans by the fast-growing private industry.
Caption: Access to selected benefits, private industry, March 2013
The biggest job gains in private industry for the comparable months in 2011 and 2012 came in retail trade, educational and health services, and leisure and hospitality.
Income disparities were also present: Paid vacations were available to 90 percent of workers earning wages in the highest 10th percent of private industry employees, but to only 38 percent of workers in the lowest 10 percent of private industry wage earners.
In its annual report, the panel said relying on private industry to carry astronauts into space would be "unwise and probably not cost-effective.
For wages and salaries alone, (exclusive of the cost of benefits), the ECI for private industry workers in the West rose 0.
The division is led by technical director Timothy Kupferschmid, who comes to Sorenson Forensics with more than 16 years of forensic DNA testing experience in government and private industry and was recently elected to the Board of Directors of the American Society of Crime Laboratory Directors (ASCLD).
Data presented here are for all private industry workers covered by State unemployment insurance programs.
Those programmers were sent letters telling them of training available to enhance their skills through local companies with programs funded by the Private Industry Council.
Coleman Energy & Environmental Systems: Provides systems engineering, systems integration and technology services to government and private industry.
The funds are being administered by the city of Inglewood and South Bay Private Industry Council, but the money will be allocated throughout Southern California to help jobless defense and aerospace workers with job searches, testing and assessment, career counseling and training.
SAN FRANCISCO, May 3 /PRNewswire/ -- The Employment Cost Index (ECI) for private industry workers rose 2.

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