Skip to main content

This link is exclusively for students and staff members within this organisation.

Unauthorised use will lead to account termination.

Previous

Transitioning to low-carbon electricity generation

Next

Financial regulation

Unemployment statistics

A US case study

Can we always take economic statistics at face value? George Vlachonikolis looks at unemployment data for the USA

Low unemployment is generally seen as one of the most important indicators of economic strength. Indeed, it is one of the foremost objectives in the A-level specifications. However, economists are now doubting the typical conclusions that we make when observing unemployment statistics, challenging their usefulness in a non-typical economic climate.

• Rising GDP — since greater demand for goods and services has, presumably, led to increased (derived) demand for labour.

Your organisation does not have access to this article.

Sign up today to give your students the edge they need to achieve their best grades with subject expertise

Subscribe

Previous

Transitioning to low-carbon electricity generation

Next

Financial regulation

Related articles: