Question

How is unemployment an indiacator of a depressed economy?
Please give correct answers. ​

Answer 1

Answer:

The worsening unemployment rate is usually a common sign of an impending economic depression. With high jobless numbers, consumers will lose their purchasing power and eventually lower demand.

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Answer 2

Answer:

increased unemployment is an indicator of a depressed economy because as it will reduce physical and mental labour work and increase mechanical work and then he/she would find any particular job and cannot run their livelihoods hence leading to depression.