Jobless growth

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The term jobless growth or employment-free growth (also jobless recovery ) refers to the recovery of the economy without growth in employment, thus a growth or an economic recovery from a recession , but not enough to create jobs. The term was coined in the USA in the 1990s to describe the economic situation at the end of the term of office of US President George HW Bush .

Jeremy Rifkin , in his book The End of Labor 1995, argued that rationalization , automation and economic growth can even lead to an increase in unemployment . In an interview he stated: “In the long run, work will disappear. [...] We are in the midst of an upheaval that even surpasses the industrial revolution. […] Today's computers and information technology make more and more people completely superfluous. Even the cheapest human labor is more expensive than the machine. ”Rifkin sees a significant development in the digital revolution. He went on to say: “Between 1995 and 2002, more than 30 million jobs were cut in the world's 20 largest economies. Wherever you look, the same picture: Production is increasing, productivity is increasing, but jobs are decreasing. ”In view of this decoupling of employment and the economic situation, sociologist Claus Offe advocates a citizen's allowance / basic income .

The relationship between economic growth and employment growth is a traditional theory in economics , but is sometimes controversial. Ralf Fücks wrote in 2013 in his book Intelligent Grow - The Green Revolution : “The often rumored thesis of» Jobless Growth «does not stand up to an empirical examination. The connection between economic growth and employment is still intact. The number of people in employment in Germany reached an all-time high in autumn 2012. Contrary to popular belief, employment relationships subject to social security have increased more than »mini jobs«.

literature

  • Ricardo J. Caballero, Mohamad L. Hammour: Jobless growth: appropriability, factor substitution, and unemployment. National Bureau of Economic Research, 1997.

Individual evidence

  1. Jörn Altmann: Economic Policy: A Practice-Oriented Introduction. Lucius & Lucius DE, 2007, ISBN 978-3-8252-1317-6 , p. 51.
  2. Jeremy Rifkin, Interview about the end of work with the Stuttgarter Zeitung, April 29, 2005 ( Memento of May 3, 2005 in the Internet Archive )
  3. Interview in the Stuttgarter Zeitung, April 29, 2005 ( Memento from May 3, 2005 in the Internet Archive )
  4. Arno Waschkuhn: Critical Theory: Political Concepts and Basic Principles of the Frankfurt School, Walter de Gruyter GmbH & Co KG, 2015, p. 210 [1]
  5. ^ Ralf Fücks: Intelligent growth - The green revolution , Carl-Hanser-Verlag Munich, 2013, p. 120