The U.S. labor market has undergone huge changes in recent years. Unemployment has swung from a low of 3.8 percent in April 2000 to 10 percent at the height of the Great Recession and back down to 6.3 percent as of last month. The percentage of Americans ages 16 and older with jobs has plunged, from above 64 percent in 2000 to below 59 percent. And the shifting economy has led to big swings in employment across key sectors
he U.S. labor market has undergone huge changes in recent years. Unemployment has swung from a low of 3.8 percent in April 2000 to 10 percent at the height of the Great Recession and back down to 6.3 percent as of last month. The percentage of Americans ages 16 and older with jobs has plunged, from above 64 percent in 2000 to below 59 percent. And the shifting economy has led to big swings in employment across key sectors. - See more at: http://www.thefiscaltimes.com/Articles/2014/05/15/How-US-Job-Market-Has-Changed-Dramatically-15-Years#sthash.QXBUTM9l.dpuf
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