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sectoral

B2

Pronunciation

UK

  • /sˈɛktərəl/

US

  • /ˈsɛktərəl/

Description

Imagine a pie cut into slices—each slice represents a different sector of the economy, such as agriculture, manufacturing, or services. When something is sectoral, it relates specifically to one (or more) of those slices. It's about understanding how changes impact particular parts of the bigger economic picture rather than the whole. You might hear about "sectoral shifts" when industries grow or decline, or a "sectoral analysis" that compares trends in healthcare versus technology.

Think of it like this: instead of talking about the economy as one big, indistinguishable blob, we break it down into manageable sections to understand what's really happening. A report on "sectoral employment," for instance, focuses on job growth or loss within specific industries, providing a more targeted and precise view than general national statistics.

Examples

  1. 1

    Pay comparison

    The report shows clear sectoral differences in pay between manufacturing, retail, and finance.

  2. 2

    Industry growth

    Analysts expect sectoral growth to be strongest in renewable energy.

  3. 3

    Government policy

    The government introduced sectoral policies to support industries hit hardest by the slowdown.

  4. 4

    Labor bargaining

    In some countries, wages are set through sectoral bargaining rather than at each individual company.

    • Domain

      sectoral bargaining

      wage agreements made for a whole industry, not just one company

Forms and spellings

1 form open this card.

Main spelling

  • sectoral