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Tim Strauts – Senior Markets Research Analyst at Morningstar, looks at the downturns in the American labour market since 1950. The historical data tracks the relationship between recessions and employment recovery. The research shows that job growth has slowed significantly in the past fifteen years. The primary reason being continuing advances in automation and technology. Since technology is only going to improve it’s expected that automation will replace a rising number of workers. Therefore, unemployment in the states will remain tepid according to Morningstar.