Industrial Insight

We need GDP growth in excess of 3% to lower unemployment. | November 11, 2010

http://politicalcalculations.blogspot.com/2010/10/how-gdp-affects-unemployment-rate.html
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%.

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