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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| Format: | Article |
| Language: | English |
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University of Pitesti
2022-04-01
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| Series: | Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice |
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| Online Access: | http://economic.upit.ro/RePEc/pdf/2022_1_7.pdf |
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| _version_ | 1850111679520571392 |
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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. |
| format | Article |
| id | doaj-art-36fbb5f1af2c4205a8871e3f27c1697a |
| institution | OA Journals |
| issn | 1583-1809 2344-4908 |
| language | English |
| publishDate | 2022-04-01 |
| publisher | University of Pitesti |
| record_format | Article |
| 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 |