Job Trends

Job Trends – Despite Sluggish Growth, Labor Markets in Developing Countries Continue Their Gradual Recovery

In a sample of developing countries, growth in the fourth quarter of 2011 slowed amidst considerable economic uncertainty. Figure 1 shows median growth rates of output, employment, wages, and the median unemployment rate for 11 countries with complete series on all four indicators. Median growth in gross domestic product (GDP) weakened slightly over the fourth … Continue reading →