Frick, Andres (contributor); Lampart, Daniel (contributor) - 2007
The increase in unemployment to relatively high levels for Switzerland in the 1990s gave rise to two fears: First, that … economic growth no longer has any effect on employment ("jobless growth"), and second, that the "equilibrium" rate of … unemployment, i.e. the rate of employment that prevails even in favourable economic conditions, is on an increasing trend. This …
