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Unemployment vs Eurosclerosis - What's the difference?

unemployment | eurosclerosis |

As nouns the difference between unemployment and eurosclerosis

is that unemployment is the state of having no job; joblessness while Eurosclerosis is the European economic pattern of the 1980s of high unemployment and slow job creation in spite of overall economic growth, in contrast to the success of the United States at that time.

unemployment

English

Noun

(IPA: /?n.?m?pl??.m?nt /)
  • The state of having no job; joblessness.
    • Unemployment made Jack depressed.
  • The phenomenon of joblessness in an economy.
    • Unemployment has been considered a cause of crime.
  • The level of joblessness in an economy, often measured as a percentage of the workforce.
    • Unemployment was reported at 5.2% in May, up from 4.9% in April.
  • (countable) A type of joblessness due to a particular economic mechanism.
    • All unemployments , seasonal, frictional, cyclical, classical, whatever, mean that you're out of work.
  • (countable) An instance or period of joblessness.
    • Until them his life had consisted of low-paying jobs, numberous unemployments , and drug use.

    Synonyms

    * joblessness, worklessness, unwork

    Antonyms

    * employment

    Related terms

    * classical unemployment * cyclical unemployment * frictional unemployment * Marxian unemployment * seasonal unemployment * structural unemployment * technological unemployment * unemployed

    eurosclerosis

    English

    (wikipedia Eurosclerosis)

    Noun

    (-)
  • (informal) The European economic pattern of the 1980s of high unemployment and slow job creation in spite of overall economic growth, in contrast to the success of the United States at that time.