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Private Sector facts

While investigating facts about Private Sector Definition and Private Sector Holidays In Uae 2019, I found out little known, but curios details like:

In the US private sector union membership has fallen to just under 7% — levels not seen since 1932

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After retirement the former Director of the CIA’s National Clandestine Service turned down lucrative private sector job offers to open a antique book store in Vermont.

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In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what's private sector jobs. Here are 9 of the best facts about Private Sector Banks and Private Sector Jobs I managed to collect.

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  1. Each year, NASA's Spinoff publication, which presents remarkable examples of the technology derived from the space program that has been transferred to the private sector, is available for free by request or via PDF.

  2. A government deficit almost always means a private sector surplus

  3. A law called ERISA was created to regulate pension plans in 1974. It only applies to the private sector, howeverm and not the public sector.

  4. From 1991-2006, Somalia had no central government. The private sector adaptated to the stateless environment by taking over currency, police, electricity and court.

  5. Venezuela's food shortages and depravations are largely caused by hoarding and fradulent import deals by the private sector, which still makes up 2/3 of their economy

  6. In 2016, the median annual pension income for adults over 65 who worked in the private sector was $9,262.

  7. The White House officially responded to a petition to build a death star by saying that the public sector could not fund it but could ask the private sector through NASA's Commercial Crew and Cargo Program Office (C3PO)

private sector facts
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