private sector

noun

: the part of an economy which is not controlled or owned by the government
businesses in the private sector
private-sector businesses/gains

Examples of private sector in a Sentence

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Newsom’s office said the state maintains the world’s fifth largest economy and ranks first in new business starts and private sector jobs. Noah Bierman, Los Angeles Times, 22 Dec. 2024 Over the year, average hourly private sector earnings increased 5.4%, double the rate of inflation. Pioneer Press, Twin Cities, 19 Dec. 2024 Major attention and effort was devoted to the problem with political leaders enacting oversight over the government’s own readiness, while pushing for action in the private sector. Zachary Loeb / Made By History, TIME, 18 Dec. 2024 The belief that regular presence in an office is beneficial, expressed by many managers in the private sector, doesn’t have much traction. Matthew Yglesias, The Mercury News, 18 Dec. 2024 See all Example Sentences for private sector 

Dictionary Entries Near private sector

Cite this Entry

“Private sector.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/private%20sector. Accessed 30 Dec. 2024.

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