Difference between revisions of "Jobless recovery"
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| − | A '''jobless recovery''' is | + | A '''jobless recovery''' is an economics term used when the economy has started to grow after reaching the bottom of a recession, but unemployment remains high and there is still continuing net job loss or little net job creation. Historically, mosr recoveries have been jobless for several months. |
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| + | [[Category:Business]] | ||
Revision as of 00:11, August 4, 2009
A jobless recovery is an economics term used when the economy has started to grow after reaching the bottom of a recession, but unemployment remains high and there is still continuing net job loss or little net job creation. Historically, mosr recoveries have been jobless for several months.