Does a lower rate of unemployment indicate a good economic condition?
Among the common economic indicators for a country is their unemployment rate. The lesser the unemployment rate means more people in the country are working, thus indicating the country is in a good condition. Is this statement true?
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| Main Authors: | , |
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| Format: | Book Section |
| Language: | en |
| Published: |
Universiti Teknologi MARA, Johor
2025
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/133137/1/133137.pdf https://ir.uitm.edu.my/id/eprint/133137/ |
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| Summary: | Among the common economic indicators for a country is their unemployment rate. The lesser the unemployment rate means more people in the country are working, thus indicating the country is in a good condition. Is this statement true? |
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