Volume 85 Issue 2 | p. 43
Issue Date: January 8, 2007

The Economy, Demographics, And Jobs

The new economy, the leveling off of working-age adults, and the upsurge in new graduates will impinge on the future job market
Department: Government & Policy

For the past 14 years, the U.S. economy has been on an exciting, but rather scary, roller coaster. The first eight of these years, 1992 to 2000, brought the longest and biggest boom ever in what is still, by far, the world's greatest economic power. The gross domestic product (GDP) built up to a very strong 4.1% constant-dollar annual growth rate from 1995 to 2000.

This situation was followed in 2001 with the inevitable recession. . . .

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