Geneva The greatest single source of new jobs will be found in private sector services, such as business and administrative services, and real estate, according to the latest ILO World Economic and Social Outlook.

These and related industries will employ more than a third of the global workforce over the next five years. Public services in health care, education and administration will continue to be a major source of employment. While increasing at a slower pace, they will still represent 15 percent of total employment.

In contrast, the report said that industrial employment is expected to stabilize globally at slightly below 22 percent.

This is because the pace of job creation in the construction sector will decline in comparison to the period 2010-13, although it is expected to remain above 2 percent per year on average. Employment levels in manufacturing, meanwhile, are predicted to remain largely unchanged over the next five years and to account for only 12 percent of all jobs in 2019.