Jobless recovery

A jobless recovery or jobless growth is an economic phenomenon in which a macroeconomy experiences growth while maintaining or decreasing its level of employment. The term was coined by the economist Nick Perna in the early 1990s.[1][2]

  1. ^ "INDUSTRY ADOPTS POLITICAL PLANKS FOR NEW DEAL WAR; OLD ORDER IS UPHELD". New York Times. 6 December 1935. Retrieved 10 November 2013. Pay Articles from December 1935 Part 7 - Site Map - The New York ...
  2. ^ Smith, Lisa (2010-08-17). "Jobless Recovery: The New Normal Since 1990 | Investopedia". Retrieved 2016-08-17.

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