U.S. labor market shows gradual improvement in 2011

Source: Eleni Theodossiou, Monthly Labor Review, Vol. 135, No. 3, March 2012

From the summary:
Most major employment and unemployment indicators signaled improvement in the labor market in 2011; the unemployment level and rate fell, and employment was up over the year.

In 2011, the U.S. labor market continued to recover from the 2007-2009 recession. Employment growth accelerated while unemployment continued to trend downward. Still, despite the overall improvement, unemployment rates for most worker groups remained quite high at the end of the year, and the proportion of unemployed persons who had been without work for exceptionally long periods held close to historically high levels.

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