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February 1993

1992: Job market in the doldrums

Thomas J. Nardone, Diane Herz, Earl Mellor, Steven F. Hipple

Manufacturing continued to lose large numbers of jobs, and other industries had small employment declines. Only services and government added substantially to their employment, but with weaker gains than in the 1980's. This article summarizes national developments in the labor market in 1992, beginning with an overview of the economy during the year.

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