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February 1999, Vol. 122, No. 2
William C. Goodman
Economist in the Division of Monthly Industry Employment, Bureau of Labor Statistics
Timothy D. Consedine
Economist in the Division of Labor Force Statistics, Bureau of Labor Statistics
Foreign economic crises ate into the demand for U.S. goods and reduced U.S. manufacturing jobs, but hiring increased in construction, finance, and government; unemployment was low throughout the year. This article describes changes in the labor market in 1998, in comparison to trends during the earlier years of the current expansion.
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