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The 1990s economic boom in the United States was a major economic expansion that lasted between 1993 and 2001, coinciding with the economic policies of the Clinton administration. It began following the early 1990s recession during the presidency of George H.W. Bush and ended following the infamous dot-com crash in 2000.
July 1990 marked the end of what was at the time the longest peacetime economic expansion in U.S. history. [2] [5] Prior to the onset of the early 1990s recession, the nation enjoyed robust job growth and a declining unemployment rate. The Labor Department estimates that as a result of the recession, the economy shed 1.623 million jobs or 1.3% ...
In a move to protect the broader economy from the over-inflated stock market, the Fed began raising interest rates in 1999, culminating in a market crash and a string of high-profile bankruptcies beginning the following year. Nov 2001– Dec 2007 73 +0.9% +2.8%: Another mild recession occurred in 2001, followed by moderate expansion.
Notably, the early 1990s recession did not have as deep a contraction as the early 1980s recession, but was of longer duration as it had four years of less than 2.3% growth in real GDP (1989–92), while the early 1980s recession only had two years of less than 2.3% growth (1980 and 1982), and only the early 1990s recession actually saw a ...
In 1915, the Bureau of Labor Statistics had formed a more systemized set of data collection. Data on the number of workers involved remained a rough estimate but more consistent. [ 5 ] : 195, (203 in pdf) The data however also included strikes with fewer than six workers involved, likely leading to slightly higher worker estimates.
Where necessary, the commuting zones were aggregated into 394 labor market areas that met the Bureau of the Census criterion of a 100,000 population minimum. This was done to acquire a special 1990 Census Public Use Microdata Sample (PUMS-L) that identifies labor market areas in which individuals work.
The National Longitudinal Surveys (NLS) are a set of surveys sponsored by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor. [1] These surveys have gathered information at multiple points in time on the labor market experiences and other significant life events of several groups of men and women. [2]
1990s labor disputes and strikes (11 C) This page was last edited on 11 September 2020, at 17:50 (UTC). Text is available under the Creative Commons Attribution ...