An economic recovery that produces too few jobs to significantly reduce the unemployment rate is known as a(n)
A) unemployment trap.
B) recession.
C) jobless recovery.
D) microeconomic problem.

Question

Quizplus · Accepted Answer

A jobless recovery is an economic recovery that does not create a significant number of jobs, therefore unemployment rates remain high despite the economic growth. It is characterized by a gap between economic productivity and employment, and it can result in long-term structural unemployment, which can be difficult to address.

An Economic Recovery That Produces Too Few Jobs to Significantly