Unemployment

Introduction Interest rates play a significant role in the economy, influencing various aspects of financial markets, consumer spending, and employment.  Indeed, one of the most critical economic relationships is between interest rates and employment.  This blog post will explore how interest rates affect employment, the factors contributing to this relationship, and the implications for businesses …

In this quick guide, we’ll dive deep into the relationship between inflation and unemployment, explore the underlying theories, and examine real-world examples to illustrate their impact on each other. Defining Inflation and Unemployment Before we delve into their relationship, let’s define inflation and unemployment: The Philips Curve: A Theoretical Framework The Philips Curve, named after …