The economic growth does have a direct impact on the prevailing employment and unemployment levels in the
Question:
The economic growth does have a direct impact on the prevailing employment and unemployment levels in the economy. If the economic growth is at an incline then we would see that there would also be an incline in employment rates therefore unemployment rates being fairly low. For instance when it was "The Great Recession" there was an increase in unemployment and an extreme decline in economic growth. Employment and unemployment rates do depend on the economic growth and if one is suffering it could change both drastically. I think that it is important to understand how economic growth is measured and how it can change that could lead to employment and unemployment rates to fluctuate.
Economic growth does have a direct impact on the prevailing employment and unemployment levels but, How can I reply to this post?