Economic Indicators Applicable in Different Countries
December 24th, 2011
Unemployment RateThis rate expresses the percentage of a people in a workforce who are willing and able but don’t have jobs. People who are not working but not part of the workforce (such as students, handicapped, and retired individuals) are not included in these figures.Importance Unemployment is considered to be a lagging indicator, one that only shifts after underlying economic conditions have already changed. This rate can








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