Industrial Insight

We need GDP growth in excess of 3% to lower unemployment. | November 11, 2010
October 6, 2010
How GDP Affects the Unemployment Rate

Finally, we find we average dividing line between positive and negative changes in the unemployment rate occurs with a real GDP growth rate of 3.1%. That means in order to make the unemployment rate fall, at least on average, the real rate of GDP growth in the U.S. must be greater than 3.1%.


Posted in Uncategorized

Leave a Comment »

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: