When the unemployment rate is low, the economy must create more jobs, businesses expand production and production increase.In short, when the economy needs a commodities rise, businesses will first see which is a positive signal to expand production and sales with higher prices, ready to pay to attract more workers. In that time, output growth came with the unemployment rate rising.But this phenomenon only occurred for a time until the expected price increase of both enterprises and workers will be adjusted according to the actual situation.With new expectations, businesses and workers will realize the commitment in the original labor contract no longer optimistic. At the time, or business will tighten recruitment needs, or the workers will require higher wages. In other words, the unemployment rate in the long term will return a status of "natural".Economic growth provides jobs, reducing unemployment. When an economy has a high growth rate, one of the causes is important to have a better use of the labor force. So rapid economic growth then unemployment tends to decrease.In contrast, high unemployment as signals of an economy stagnated or degradation. That is when the total output rising commodity demand, decreased, limited production enterprises leads to reduced payrolls caused many people to lose a job.
đang được dịch, vui lòng đợi..