# Jobless recovery (also usually used in German; sometimes (unattractive) also employment-saving recovery)

- Canonical URL: https://www.gerhardmerk.de/jobless-recovery-also-usually-used-in-german-sometimes-unattractive-also-employment-saving-recovery
- Post ID: 588241
- Modified: 2023-07-25T21:01:55+00:00
- Language: en

## Definition

An economic recovery, following a recession, where the economy as a whole increases, but the unemployment rate remains high or even continues to rise over a period of time. This effect may be a result of cautious employers that add hours to existing employees in order to increase production capacity rather than hiring new workers). - In this case, monetary policy cannot bring about a thorough and lasting improvement, even though this is repeatedly claimed and demanded - even in respected textbooks. The best contribution of a central bank to employment is to safeguard the measure property of money. - See depression, financial crisis, spring shoots, money functions, insolvency cases, business cycle, crisis whip. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1