This chapter presents a brief historical overview of labor and labor markets, using the United States as a case study. Topics include the concepts of the labor force and the labor market; sources of information for historical study; basic features of change over time in the size and composition of the labor force, hours worked, occupations, and skills; changes in real wages over time and in the structure of wages; the emergence of a national market for labor; and the evolution of racial differences.
CITATION STYLE
Margo, R. A. (2016). Labor markets. In Handbook of Cliometrics (pp. 87–111). Springer Berlin Heidelberg. https://doi.org/10.1007/978-3-642-40406-1_4
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