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February, 1988, Vol. 111, No. 6

Job gains strong in 1987; unemployment rate declines

Mark G. Ulmer and Wayne J. Howe


Labor market performance in 1987, by most measures, was the best in several years, as the economic expansion reached the 5-year mark. Job growth was stronger than it had been since 1984, and the jobless rate fell almost a full percentage point after changing little in 1985 and 1986.

Following are highlights of employment and unemployment developments in 1987.


This excerpt is from an article published in the February 1988 issue of the Monthly Labor Review. The full text of the article is available in Adobe Acrobat's Portable Document Format (PDF). See How to view a PDF file for more information.

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