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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.
OECD, Glossary of Statistical Terms, (accessed 10/2022)
OECD, Glossary of Statistical Terms, (accessed 10/2022)
