growth recession


Definition
An economic situation where a country's growth occurs at such a low rate that unemployment stays high or continues to rise. This is due to the fact that more jobs are lost than are created. Therefore, despite growing, the economy may appear to be in a recession.


Related Personal Finance Articles

Loading...

growth recession in the news

Loading...

Enter your email address to get our free Term of the Day newsletter!

growth recession is ...

... part of the Economy subject.

Search volume for growth recession

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z