In 2011 and 2012, many economists were concerned about a jobless recovery because:
A) there was a broken link between pay and performance.
B) labor markets were faltering.
C) many employees were leaving jobs to start their own companies.
D) there was a decrease in the motivation level of employees.

Question

Quizplus · Accepted Answer

A jobless recovery refers to a situation where the economy starts to recover from a recession, but the labor market does not show significant improvement, meaning that employment levels remain stagnant or grow very slowly. In 2011 and 2012, economists were concerned about this because labor markets were faltering, indicating that the recovery was not translating into job growth.

In 2011 and 2012, Many Economists Were Concerned About a Jobless