Failed Labor Market

A Failed Labor Market is an unhealthy labor market that is a failed market.

• Context:
  • It can be attributed to a Failed Economy.
  • …
• Example(s):
  • e.g. after an economic shock, such as a The 1930s Depression.
  • …
• Counter-Example(s):
  • a Healthy Labor Market.
  • a Failed Stock Market.
• See: Structural Unemployment, Mass Technological Unemployment.

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