(Redirected from unemployment cause)
- AKA: Job Loss Cause.
- a Worker Bad-Performance Unemployment Cause.
- a Depressed Economic Demand Unemployment Cause, such as an economic recession.
- a Frictional Unemployment Cause, such as a bad housing market (because people cannot sell their home to relocate).
- a Skill-Mismatch Unemployment Cause, such as a rapidly increased need for numeracy skill, literacy skill, or software programming skill.
- a Technological Unemployment Cause, such as the introduction of the Telegraph and eMail.
- See: Cause.
- It would be a remarkable irony if the driverless car — in many ways the symbol of the technological revolution that is now reshaping modern economies — fails to materialise as an economic reality thanks to the disemploying power of other technologies. It would also be a perfect illustration of how stagnant wage growth can cause slow growth in measured productivity.