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- W2883009638 abstract "Over the course of the recent business cycle, labor markets within the Fourth District have experienced distinctly different patterns of contraction and expansion. In particular, Pittsburgh experienced a milder recession, measured in terms of job loss or unemployment rates, than the nation and the three other major metropolitan areas in the Fourth District—Cincinnati, Cleveland, and Columbus. Pittsburgh’s recovery has also been more robust. Pittsburgh’s unemployment rate is currently considerably lower than the nation’s unemployment rate, (7.5 percent versus 9.0 percent), and it has been lower throughout the recession and recovery. More striking, however, is the fact that Pittsburgh has recovered (on net) the employment it lost since the start of the last recession. This stands in stark contrast to the nation as a whole, where employment is almost 5 percent below pre-recession levels, and to Cleveland, where employment remains 7 percent below pre-recession levels." @default.
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- W2883009638 date "2011-12-02" @default.
- W2883009638 modified "2023-09-23" @default.
- W2883009638 title "Pittsburgh’s Labor Market in the Recession and Recovery" @default.
- W2883009638 hasPublicationYear "2011" @default.
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