Increase in unemployment is an indicator of depressed economy do you agree with this statement? Support your answer by giving arguments
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Answered by
27
Unemployment has become a common problem not only in rural areas but also in urban areas. Educated unemployment has become a common phenomenon
Answered by
39
Increase in unemployment is related to decrease in personal GDP, which is a negative factor in economy.
Per capita income is one of the signs of depressed economy.
Employment ensures per capita income, which is indeed a positive factor in economic development of a place/country.
Depressed economy is not a promising issue and unemployment is an obvious factor of down economy.
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