disequilibrium unemployment

Definition

A state of unemployment in which the demand for labor is reduced due to the government imposed minimum wage requirements and wages are "pushed" above the equilibrium.

Related Videos




http://www.businessdictionary.com/definition/disequilibrium-unemployment.html

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(102 Votes)
69% Bullish
(75 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z