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February 2002, Vol. 125, No. 2
U.S. labor market in 2001: economy enters a recessionDavid S. Langdon
Terence M. McMenamin
Economist, Division of Labor Force Statistics, Bureau of Labor Statistics.
Thomas J. Krolik
Economist, Division of Local Area Unemployment Statistics, Bureau of Labor Statistics.
The year began with a weakening labor market, in which manufacturing’s downturn spread into other sectors; unemployment climbed from the historic lows reached during the recent economic expansion.
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Labor Force Statistics from the
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Nonfarm Payroll Statistics from the Current Employment Statistics (National)
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