THE ECONOMIC GROWTH AND THE UNEMPLOYMENT RATE

The unemployment rate is one of the most important macroeconomic indicators. The change of the unemployment rate is highly correlated with the phase of the economic cycle. The economic growth has positive impact on employment issues, while the negative growth will result in increasing unemployment....

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Main Author: Tiberiu-Cristian AVRĂMESCU
Format: Article
Language:English
Published: University of Pitesti 2022-04-01
Series:Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
Subjects:
Online Access:http://economic.upit.ro/RePEc/pdf/2022_1_7.pdf
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author Tiberiu-Cristian AVRĂMESCU
author_facet Tiberiu-Cristian AVRĂMESCU
author_sort Tiberiu-Cristian AVRĂMESCU
collection DOAJ
description The unemployment rate is one of the most important macroeconomic indicators. The change of the unemployment rate is highly correlated with the phase of the economic cycle. The economic growth has positive impact on employment issues, while the negative growth will result in increasing unemployment. In terms of the future economic outlook, it is important to analyze the evolution of the unemployment rate. This study focuses on examining the relationship between the economic cycle and the long-term unemployment rate. The method of regression analysis and the descriptive statistics of Eurostat data source were used.
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2344-4908
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publisher University of Pitesti
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series Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
spelling doaj-art-36fbb5f1af2c4205a8871e3f27c1697a2025-08-20T02:37:35ZengUniversity of PitestiBuletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice1583-18092344-49082022-04-012113944THE ECONOMIC GROWTH AND THE UNEMPLOYMENT RATETiberiu-Cristian AVRĂMESCU0University of Pitesti, RomaniaThe unemployment rate is one of the most important macroeconomic indicators. The change of the unemployment rate is highly correlated with the phase of the economic cycle. The economic growth has positive impact on employment issues, while the negative growth will result in increasing unemployment. In terms of the future economic outlook, it is important to analyze the evolution of the unemployment rate. This study focuses on examining the relationship between the economic cycle and the long-term unemployment rate. The method of regression analysis and the descriptive statistics of Eurostat data source were used. http://economic.upit.ro/RePEc/pdf/2022_1_7.pdf unemployment rateeconomic growthlabor market.
spellingShingle Tiberiu-Cristian AVRĂMESCU
THE ECONOMIC GROWTH AND THE UNEMPLOYMENT RATE
Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
unemployment rate
economic growth
labor market.
title THE ECONOMIC GROWTH AND THE UNEMPLOYMENT RATE
title_full THE ECONOMIC GROWTH AND THE UNEMPLOYMENT RATE
title_fullStr THE ECONOMIC GROWTH AND THE UNEMPLOYMENT RATE
title_full_unstemmed THE ECONOMIC GROWTH AND THE UNEMPLOYMENT RATE
title_short THE ECONOMIC GROWTH AND THE UNEMPLOYMENT RATE
title_sort economic growth and the unemployment rate
topic unemployment rate
economic growth
labor market.
url http://economic.upit.ro/RePEc/pdf/2022_1_7.pdf
work_keys_str_mv AT tiberiucristianavramescu theeconomicgrowthandtheunemploymentrate
AT tiberiucristianavramescu economicgrowthandtheunemploymentrate