The informal sector has on occasion generated small businesses and creative enterprises.
An estimated 100,000 young men enter the labor force each year while the public and private sectors generate about 50,000 jobs.
Last year, the private sector generated 70 percent of the country's gross domestic product .
They are probably correct in thinking that only the private sector can generate enough jobs for the next generation.
Second, it is just untrue to say that the extralegal sector cannot generate capital.
In 2001, the agricultural sector generated US$432 million and 30% of national exports.
The private sector alone can generate sustainable employment and is the driving force of every modern economy.
During the 1990s, the American audiovisual sector has generated more jobs than the car, hotel and pharmaceutical industries put together.
For 30 years, the assumption has been that the private sector would generate full employment on its own.
Despite robust economic growth, the private sector is generating fewer jobs than ever in a recovery.