US Job Market / The Year 2012 in Review: Improving at a steady slow pace

Employment continued to improve modestly, unemployment edged down, and wage gains were approximately equal to price inflation in 2012. By the end of the year the recovery from the deep recession in 2008-2009 will be 3½ years old. The health of the job market, like that of the broader economy, is improving at a steady but comparatively slow pace. Jobless workers have seen improvements in their chances of finding a job, but wage and benefit improvements have lagged behind gains in worker productivity.

Choosen excerpts by Job Market Monitor from

via Slow Recovery in the Job Market | Brookings Institution.