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Download full textBivens, Josh; Edwards, Kathryn Anne; Hertel-Fernandez, Alexander; Turner, Anna – Economic Policy Institute, 2010
It will take years for the labor market to recover from the damage induced by the recent recession. While monthly job losses almost surely peaked in 2009, the unemployment rate will likely peak in 2010 (CBO 2010a). In April, the unemployment rate reached 9.9% and the overall economic cause is simple: firms are not hiring quickly enough, as…
Descriptors: Employment Patterns, Young Adults, Public Policy, Labor Market
