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February
2002, Vol. 125, No. 2
U.S. labor market in 2001: economy enters a recession
David S. LangdonTerence M. McMenamin
Economist, Division of Labor Force Statistics, Bureau of Labor Statistics.
Email: Mcmenamin.Terence@bls.gov
Thomas J. Krolik
Economist, Division of Local Area Unemployment Statistics, Bureau of Labor Statistics.
Email: Krolik.Thomas@bls.gov
The year began with a weakening labor market, in which manufacturing’s downturn spread into other sectors; unemployment climbed from the historic lows reached during the recent economic expansion.
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Labor Force Statistics from the
Current Population Survey
Local Area Unemployment
Statistics
Nonfarm Payroll Statistics from the
Current Employment Statistics (National)
Related Monthly Labor Review articles
The job market in 2000: slowing down as the year ended.—Feb.
2001.
The job market remains strong in 1999.—Feb.
2000.
Job growth slows during crises overseas.—Feb.
1999.
Strong job growth
continues, unemployment declines in 1997.—Feb.
1998.
Employment in 1996:
jobs up, unemployment down.—Feb.
1997.
Slower economic growth
affects the 1995 labor market.—Mar.
1996.
Strong employment
gains continue in 1994.—Feb.
1995.
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