Jobless Recovery

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Geliefert zwischen Mi., 12.11.2025 und Do., 13.11.2025

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High Quality Content by WIKIPEDIA articles! A jobless recovery or jobless growth is a phrase used by economists, especially in the United States, to describe the recovery from a recession, where "recovery" is defined as growth in gross domestic product, which does not produce strong growth in employment, specifically a rapid drop in the unemployment rate to the level it was prior to recession. The first documented use of the term was in the New York Times in the 1930s. A jobless recovery is usually seen as a bad thing in a capitalist industrialized society. This is primarily because in such a society most people need jobs to earn the money they need to purchase goods and services from the marketplace. Also, secondarily, doing something useful and productive is usually connected to a healthy individual's self-esteem and his or her positive relationships to the larger community. An alternative view is that a jobless recovery could be a step towards a post-scarcity society full of abundance for all -- as a new stage of cultural development with increased leisure and volunteerism.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786131661952
    • Editor Frederic P. Miller, Agnes F. Vandome, John McBrewster
    • EAN 9786131661952
    • Format Kartonierter Einband
    • Titel Jobless Recovery
    • Herausgeber Alphascript Publishing
    • Anzahl Seiten 112
    • Genre Wirtschaft

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