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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 first documented use of the term was in the ''New York Times'' in 1935.〔(U.S. Heads for Third Straight Jobless Recovery ). ''Morning Edition'', National Public Radio. 16 Oct 2009.〕
==Causes==
Economists are still divided about the causes and cures of a jobless recovery: some argue that increased productivity through automation has allowed economic growth without reducing unemployment. Other economists state that blaming automation is an example of the luddite fallacy and that jobless recoveries stem from structural changes in the labor market, leading to unemployment as workers change jobs or industries.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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