1、CRS InsightsEmployment Growth and Progress Toward Full EmploymentMarc Labonte, Specialist in Macroeconomic Policy (mlabontecrs.loc.gov, 7-0640)November 28, 2014 (IN10187)Job growth was slow to pick up following the recession that ended in June 2009. The economy did notbegin to consistently add jobs
2、each month until October 2010, more than a year into the expansion.For the next two years, employment growth was inconsistent from month to month. Since the secondhalf of 2012, the economy has added an average of 205,000 jobs per month. More than 200,000 jobshave been added each month since February
3、 2014.Figure 1 illustrates that the increase in employment since October 2010 compares favorably with theprevious expansion but falls short of the pace set during expansions in the 1980s and 1990s. Thiscomparison would make the current recovery look somewhat less favorable if expressed instead as ap
4、ercentage of the labor force because the labor force has grown since these expansions occurred.Figure 1. Average Monthly Employment Growth(January 1980-October 2014)Source: Congressional Research Service (CRS) calculations of U.S.Bureau of Labor Statistics (BLS) data.Note: 2014 data illustrate the m
