Chapter 2: Young Adults in the U.S. Labor Market
The U.S. labor market is still struggling to recover from the effects of the Great Recession. The recession officially lasted from December 2007 to June 2009,[10. numoffset=”10″ Business cycle dates are determined by the National Bureau of Economic Research (NBER), http://www.nber.org/cycles/cyclesmain.html.] but the national unemployment rate continued to rise, peaking at 9.6% annually in 2010. […]