Economy, asked by Rakshita2754, 1 year ago

How does a high unemployment rate affect the economy?

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Answered by palak1431
1
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How does a high unemployment rate affect the economy

Results in English

कैसे एक उच्च बेरोजगारी दर अर्थव्यवस्था को प्रभावित करता है

हिंदी में परिणाम देखें

If there are fewer people with jobs, then they have less disposable income to spend on investments. Economists call unemployment a lagging indicator of the economy, as the economy usually improves before theunemployment rate starts to rise again. However,unemployment causes a sort of ripple effect across theeconomy.

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