Friday, July 18, 2008

Unit 3: The link between economic growth and unemployment

Two tables in this post by Geoff Rilet are really useful inseeing the link between these 2 government objectives

http://www.tutor2u.net/blog/index.php/economics/comments/turning-points-for-the-labour-market/

This BBC article explains the latest rise in unemployment

http://news.bbc.co.uk/1/hi/business/7508816.stm

a) Explain the time lagged link between changes in economic growth and the resulting changes in unemployment
b) Explain the latest rise, and recent trend, in unemployment

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