"Jobless Recovery" from the 2001 Recession : A Comparison to Earlier Recoveries and Possible Explanations.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Business cycles.

Hours of labor.

Unemployment.

Physical Description:

1 online resource (20 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2004.

System Details:

text file

Summary:

Examines the jobless recovery from the recession that ended in Nov. 2001, when private nonfarm sector employment posted declines. Discusses employment, unemployment, discouraged workers, underemployment and hours worked, compares the current economic recovery to past recoveries, and reviews explanations for the jobless recovery, including inadequate aggregate demand, the role played by productivity, a change in the natural rate of unemployment, and structural reallocation.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Nov. 2010). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. "Jobless Recovery" from the 2001 Recession

Access Restriction:

Restricted for use by site license.