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.
Unemployed men outside a soup kitchen in Depression-era Chicago, Illinois, the US, 1931. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. During periods of recession, an economy usually experiences a relatively high unemployment rate. According to International Labour Organization report, more than 200 million people globally or 6% of the world's workforce were without a job in 2012. The causes of unemployment are heavily debated.