as long as a different sector of the economy contributes to GDP by more than was lost from unemployment, real GDP will rise, if only marginally.
The unemployment rate in Detroit is very high. As of December 2012, the unemployment rate for Detroit, Michigan was at a total of 18.2% and is on the rise.
The real wage is the amount of money paid when adjusted for inflation. This wage will rise if the nominal wage rises.
If the CPI or Consumer Price Index rises the prime rate will stay the same, but may be adjusted to reflect the state of the economy. An instant rise in the CPI does not equate to an instant rise or decrease in the prime rate. The prime rate is adjusted after several economic factors are reviewed.
As of July, 2009 the unemployment rate in Spain was 18.5%, and is expected to rise to 20% in 2010. See the Related Link below for more information on Spain's unemployment.
the outcoem will rise as well but in the GDP will stay at the same level
Although always possible, it is unlikely because a "boom" implies growth which implies more hiring which implies diminishing unemployment.
The youth employment rate in Canada is roughly 1 in 8 Canadians that are not in either work or school. The youth unemployment rate in Canada has been on the rise.
Norway is considered to be a land of many jobs. The unemployment rate is quite low, with a percentage of 3.2 and appears to have an employment rate still on the rise.
The present tense of "rise" is:I/You/We/They rise.He/She/It rises.
The unemployment rate increased significantly from 3.2% in 1929 to about 25% in 1933 during the Great Depression. This drastic rise was due to the economic collapse and widespread job losses across various industries.
Rises in Russia
One reason is that if there is too much unemployment then the amount of money being spent will go down so prices should falland if there is too little unemployment then prices rise and inflation could be the result The fed changes rates based on these possibilities in itsrole as protector of theeconomyInterest rate fluctuations decide what people can afford