Schreft, Stacey L.; Singh, Aarti; Hodgson, Ashley - In: Economic Review (2005) Q IV, pp. 81-99
In January 2005, after more than three years of sluggish employment growth, the U.S. economy finally recovered the jobs lost during the 2001 recession. Baffled by such a delayed rebound in payrolls, many speculated about the cause. Inevitably, observers compared the 2001 and 1991 recoveries,...