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JOB LOSS

Statistics Directorate    
Definition:
Job loss refers to the disappearance of jobs because of fundamental structural economic changes as distinct from transient fluctuations in demand. These structural changes include technological innovation, changes in the pattern of international trade, shifts in the location of activities, and changes in the structure of employment and organisation within enterprises.

Source Publication:
OECD Employment Outlook, July 1990, Chapter 2, Displacement and Job Loss, page 43.

Statistical Theme: Labour statistics

Created on Thursday, May 02, 2002