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This type of unemployment has the most to do with the economy. Simply put, if the economy is good, there is a demand for jobs, and the unemployment rate can decrease. The reverse can occur if the economy suffers a recession or a specific catastrophic event.

There are two sides to the costs of unemployment...

The side that directly affects the person who is unemployed, and the indirect way it affects the economy. An unemployed person faces many negative obstacles. Without mentioning, it is obvious that there is a severe financial loss within a household. Even with some of the services that can be provided, unemployment can put a traumatic hardship on a household and within a family...

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Market Economy Vs Command Economy China’s Growing Economy—Helped or Hindered U.S. Economy Command Economy Vs Free Market Economy Economic Concern: Unemployment Rate How has the level of employment/unemployment and national minimum wage legislation impacted on the economy as a whole and how will this effect the economy in the years to come? market vs demand economy The Chinese economy and hte effects it will have on the Canadian economy Unemployment Rate Unemployment UNemployment Jobs Canada's Unemployment Rate Natural Rate of Unemployment The Unemployment Rate What actions might a government take in order to reduce the rate of inflation in the economy? Unemployment & the Economy

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