Examlex
Lao-Tzu, the author of the Tao Te Ching , would probably have agreed with Thomas Jefferson when he said, "That government is best which governs least."
Recoveries
denotes the periods following recessions during which economic activity starts to increase and recover towards previous levels.
Discouraged Workers
Individuals who are not actively seeking work because they believe no jobs are available for them or there are none for which they would qualify.
Unemployed
Refers to individuals who are without a job but are actively seeking work.
Contraction
The downturn of the business cycle, when real GDP is declining.
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