Definition
Refers to the sector of economy in which a person worked. Examples are: Cultivation, fishing, livestock rearing, selling of vegetables, automobile repairs, manufacture of toys, transport service, school or educational service, sale of clothes (retail), manufacture of eatables etc. If a person works as sales assistant in a Gas Station his occupation is sales person and the nature of his trade is retail sale of petrol.
There are three major employment sectors:
1. Primary Sector
Agriculture, Hunting and Forestry; Fishing.
2. Secondary Sector
Mining and Quarrying; Manufacturing; Electricity; Gas and Water supply; Construction.
3. Tertiary Sector
Wholesale and retail trade and repair of motor vehicles, motorcycles and personal and household goods; Hotels and restaurants; Transport, storage and communication; Financial intermediation; Real estate, renting and business activities; Public administration and defense; compulsory social security; Education; Health and social work; Other community, social and personal service activities; Private households with employed persons; Extra-territorial organizations and bodies.