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Jobless recovery
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{{short description|Economic phenomenon}} {{automation}} A '''jobless recovery''' or '''jobless growth''' is an economic phenomenon in which a [[macroeconomy]] experiences [[economic growth|growth]] while maintaining or decreasing its level of [[employment]]. The term was coined by the economist Nick Perna in the early 1990s.<ref name="New York Times">{{cite news|title=INDUSTRY ADOPTS POLITICAL PLANKS FOR NEW DEAL WAR; OLD ORDER IS UPHELD|url=https://query.nytimes.com/search/sitesearch/#/%22jobless+recovery%22/since1851/allresults/1/allauthors/oldest/|access-date=10 November 2013|newspaper=[[New York Times]]|date=6 December 1935|quote=Pay Articles from December 1935 Part 7 - Site Map - The New York ...}}</ref><ref>{{Cite web|url=http://www.investopedia.com/articles/economics/10/jobless-recovery-the-new-normal.asp|title=Jobless Recovery: The New Normal Since 1990 {{!}} Investopedia|last=Smith|first=Lisa|date=2010-08-17|language=en-US|access-date=2016-08-17}}</ref>
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