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ERIC Number: ED095312
Record Type: Non-Journal
Publication Date: 1974
Pages: 51
Abstractor: N/A
Reference Count: N/A
Employment and Unemployment in 1973. Special Labor Force Report 163.
Gilroy, Curtis L.; Bradshaw, Thomas F.
The document describes the national employment performance for 1973, revealing it to have been generally quite impressive, as nearly all significant labor force indicators pointed to a strong year. Total employment posted the greatest percentage increase since 1955, with adult men and women each gaining about 1.1 million jobs; the number of jobless dropped to 4.3 million, as the unemployment rate declined. As the year came to a close, however, the emerging energy shortage began to affect employment policies of firms. The extent to which joblessness might rise and employment and hours might fall in the months ahead could not be determined, but consumption patterns of households, business, and government were being altered and it was obvious that some economic disorder would occur. Thirty-three pages of tables of statistical data supplement the text. (Author/AJ)
Bureau of Labor Statistics, Washington, D.C.
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: Bureau of Labor Statistics (DOL), Washington, DC.