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Jobless recovery = contradiction in terms. I hate to put it so simply, but there's really no two ways about it. Recovery is something which should take place across the proverbial board, including employment and income levels rising again. Until those things happen, the term recovery is quite simply incorrect. At best, we're currently in an inconsistent flux, where some areas are seeing recovery, some areas seeing stagnation, and even some areas continuing to deteriorate.
In the immediate future either things will remain as they were before and we'll continue to see periodic economic collapses as wealth distribution continues upward or there will be some unexpected change and we could at least stave off for the time being the next set of collapses.
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