|
|
Article: U.S. labor market weakened in 1990: employment declined and unemployment rose in the second half of 1990; job losses were particularly acute in construction and manufacturing.
- Article from:
- Monthly Labor Review
- Article date:
- February 1, 1991
- Author:
CopyrightCOPYRIGHT 1991 U.S. Bureau of Labor Statistics. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Employment declined and unemployment rose in the second half of 1990; job losses were particularly acute in construction and manufacturing
Labor market conditions deteriorated markedly during 1990, reflecting increasing weakness in the U.S. economy. Employment growth, which had begun to slow early in 1989, came to a standstill around mid-1990; employment then declined in the second half. The manufacturing and construction industries were hardest hit. Manufacturing employment fell throughout 1990, while large job losses in construction began around midyear. By the fourth quarter, the weakening demand for labor had spread to the service-producing sector, where ...