From Wikipedia, the free encyclopedia. Vevo (/ËviËvoÊ/ ; VEE-voh; stylized vevo or VEVO) is a multinational video hosting service owned and operated by a joint venture of Universal Music Group (UMG), Google, Sony Music Entertainment (SME), and Abu Dhabi Media, and based in New York City.
There are arguments relating inflation and unemployment. For example, inflation causes real wages to fall without cuts in nominal wages, which are difficult. Therefore it allows more efficient pricing of labor, and less unemployment. Or, falling unemployment allows workers to demand wage increases, which are passed along as price increases and inflation.
Cyclical unemployment refers to unemployment that is a product of the business cycle. During recessions, for instance, there is often inadequate demand for labor and wages are typically slow to fall to a point where the demand and supply of labor are back in balance.