Wednesday, February 19, 2014

The Slow Recovery of the Labor Market

"The deep recession that began in December 2007, when the economy began to contract, and ended in June 2009, when the economy began to expand again, has had a lasting effect on the labor market. More than four and a half years after the end of the recession, employment has risen sluggishly—much more slowly than it grew, on average,during the four previous recoveries that lasted more than one year..."

Labor Maket Recovery

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