vicious cycle of unemployment
The term "vicious cycle of unemployment" refers to a negative pattern where high rates of unemployment lead to reduced economic activity, which in turn can result in more job losses and further increase in unemployment.
Requires login.
Related Concepts (1)
Similar Concepts
- cyclical unemployment
- long-term unemployment
- seasonal unemployment
- unemployment
- unemployment crisis
- vicious circle of inequality
- vicious circle of negative thinking
- vicious circle of procrastination
- vicious cycle of addiction
- vicious cycle of debt
- vicious cycle of loneliness
- vicious cycle of low self-esteem
- vicious cycle of poverty
- vicious cycle of stress
- vicious cycle of violence