Labor markets were solid but not spectacular in 1995, as the nation posted a yearlong employment gain of 1.5 million jobs. Although December data are not included in the tally, this figure puts last year's net job creation at roughly half the 1994 total (3.5 million).
Suggested citation: “Labor Markets,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-01, pp. 12, 01.01.1996.