Economy, asked by 05ajaypalgmailcom, 1 year ago

what do you mean by jobless growth

Answers

Answered by jenny2003
6
A jobless growth is an economic phenomenon in which a macroeconomy experience growth while maintaining or decreasing it's level of employment. the term was coined  by the economist Nick Perna in the early 1990's.
Answered by Anonymous
5
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⇒ Growth without creation of proportionate employment opportunities is called "jobless growth". Machinery and capital when displaces labour (and not helps it) in production,  results in an increase in unemployment and causes " jobless growth".
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★★★i hope this may help u!!!★★★

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