Hypothesis of Recession

Hypothesis of Recession - Jennifer Edwards Labor Economics...

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Jennifer Edwards Labor Economics Prof. Alpert April 17, 2010 My hypothesis is on the recession and how it influences the unemployment rate to make it increase and also how it fluctuate the production level. The debt levels around the world and risky unregulated financial system cause the recession. By this happening the measured unemployment rate will be higher. Also during the recession more workers get discouraged about working because prices on products are rising and workloads are reducing. This means that the more discourage workers in a long term recession it will increase the unemployment rate because more workers will be losing there jobs. A recession will affect unemployment by decreasing the employment levels, so businesses would fall into a deficit because the productivity level is low and it will force companies to close or downsize. In watching the unemployment rate increase over time I have gained a curiousness of how the unemployment rate work. I am interested in how it is calculated and what statistical
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This note was uploaded on 09/21/2011 for the course ACCT 101 taught by Professor Hollies during the Fall '11 term at University of Bridgeport.

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Hypothesis of Recession - Jennifer Edwards Labor Economics...

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