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• W1519249907 abstract "The United States has produced rapid employment growth (almost entirely in the private sector) and an impressive unemployment record relative to most other advanced nations over the past two decades. The contrast of strong US labour market performance to persistent high unemployment throughout much of the OECD has been particularly striking in the 1990s. From 1990 to the fourth quarter of 1997, total employment in the US increased by 10.9 per cent, and the US unemployment rate declined from 5.5 per cent to 4.7 per cent. Over the same period in OECD Europe, total employment actually declined by 1.7 per cent and the unemployment rate increased from 8.0 per cent to 10.2 per cent (OECD 1998, pp. 40–41). Furthermore, the United States has combined strong employment growth with low and declining inflation in the 1990s." @default.
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• W1519249907 date "1998-01-01" @default.
• W1519249907 modified "2023-09-27" @default.
• W1519249907 title "Reflections on US Labour Market Performance" @default.
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