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EMPLOYMENT & UNEMPLOYMENT   •  May 2021  •  Volume 10 / Number 11

What we know about the 2019 and 2020 labor market: comparing labor supply and demand

What we know about the 2019 and 2020 labor market: comparing labor supply and demand

Persons who were not working and were waiting to be recalled to a job from which they had been temporarily laid off are also included as unemployed. The number of experienced unemployed, those who had a job and became unemployed, provide a measure of the available supply of experienced workers. This Beyond the Numbers article examines how these statistics, the demand for and supply of labor, work together to tell us more about the labor market.

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