Jobless recovery
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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, almost all recoveries have had increasing unemployment for several months after the first signs of positive GDP growth. However subsequently, some recoveries have followed a "V-shape" where employment growth picks up rapidly, whereas other recoveries have had slow employment growth.