Economy, asked by renusachdeva2045, 1 month ago

Examine five ways that unemployment impact on the economy

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Answered by GauthMathSolvid004
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Effects of Unemployment

When unemployment rates are high and steady, there are negative impacts on the long-run economic growth. Unemployment wastes resources, generates redistributive pressures and distortions, increases poverty, limits labor mobility, and promotes social unrest and conflict.

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