Recent Trends in Unemployment and the Labor Force, 10 Countries

Content Provider	Semantic Scholar
Author	Moy, Joyanna
Copyright Year	1985
Abstract	The United States recovered from the 1981-82 recession earlier than most other major industrial nations. In response to strong output growth in 1983, U.S . employment growth resumed and unemployment fell throughout the year . These trends continued through the first half of 1984, with employment growth accelerating and unemployment dropping sharply. Since then, the civilian unemployment rate has remained virtually flat at around 7.3 percent, while employment has increased sufficiently to absorb increases in the labor force. In Canada, output also began recovering in early 1983 and the jobless rate fell steadily during the year, but not so quickly as in the United States . Canadian unemployment also stabilized at a record high level in 1984, but Canada's employment recovery was weaker than that of the United States . The North American recovery was followed by a more modest recovery in Japan . Japan's employment growth was the strongest since 1973, although the unemployment rate remained at a historic peak . In Western Europe, where the recovery has lagged behind North America's and Japan's, unemployment continued to rise and employment continued to fall during 1983 . In 1984, French, German, British, and Italian unemployment rates increased further while Swedish rates stabilized . Employment began to inch upward in some of the European countries-most notably in Great Britain . At the end of 1984, unemployment rates were at doubledigit levels in the Netherlands, Great Britain, Canada, and
Starting Page	9
Ending Page	9
Page Count	1
File Format	PDF HTM / HTML
Volume Number	108
Alternate Webpage(s)	https://www.bls.gov/opub/mlr/1985/08/art2full.pdf
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article