Question

In the 1990's American workers began losing jobs
because...​

Answer 1

The U.S. economy sank into recession early

in the 1990s and then rebounded with the

longest running expansion in the Nation’s

history.1 Real gross domestic product (GDP)

growth slowed in 1990 as the country slipped into

recession. By 1992, however, recovery began and

GDP grew throughout the remainder of the decade. Nonfarm payroll employment increased by

nearly 21 million workers during the decade.2

Employment in export-sensitive industries followed a cyclical pattern, turning down for the

1990–91 recession and the later Asian economic

crisis. Reduced defense spending resulted in job

losses in defense-related industries, especially

early in the decade.

Step-by-step explanation:

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