Strong job growth continues, unemployment declines in 1997.
The U.S. labor market continued to improve in 1997. Job growth accelerated from the previous year and unemployment declined. During this sixth year of job market expansion, earnings growth increased and real average hourly earnings of private production or nonsupervisory workers experienced the la...
| Publicado en: | Monthly Labor Review Vol. 121; no. 2; pp. 48 - 69 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
US Department of Labor
February 1998
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | The U.S. labor market continued to improve in 1997. Job growth accelerated from the previous year and unemployment declined. During this sixth year of job market expansion, earnings growth increased and real average hourly earnings of private production or nonsupervisory workers experienced the largest rises in more than 20 years. The writers summarize labor market developments during 1997 and describe the economic context in which these developments took place. |
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