Which of the following statements best describes the "jobless recovery" after the Great Recession?

A) Output begins rising without reducing the unemployment rate.
B) Output cannot begin rising due to the lack of available labor.
C) New technology is replacing most of the jobs in the economy.
D) During the recession the business began importing most of the products they sell.

Jobless Recovery

A period in which the economy recovers from a recession but the job market does not, leading to stagnant or rising unemployment despite growth.

Great Recession

A severe global economic downturn that began in 2007 and lasted until 2009, marked by significant declines in economic activity worldwide.

Unemployment Rate

The share of the labor force that has no job but is in active pursuit of employment.