economic depression
Economic activity is rising above the point of the previous peak.
Stagflation was an economic condition in which unemployment was high, the economy was stagnant, but prices were rising (inflation).
Mining and livestock rising.
b. high unemployment
If it's a short downturn or slowdown during a business cycle, it's a recession. If it's a longer, sustained and more severe downturn, it's a depression.
This is called inflation or more precisely "price inflation".
A recession is a period of economic decline marked by a decrease in economic activity, such as a drop in GDP and rising unemployment. Inflation, on the other hand, is the general increase in prices of goods and services over time, leading to a decrease in the purchasing power of money.
Inflation went down due to spending cuts, but unemployment remained high under Ford's economic policy.
The shaded areas on a graph typically represent periods of recession, during which economic activity declines. During these times, unemployment rates often rise as businesses reduce hiring or lay off employees due to decreased demand for goods and services. The correlation between shaded areas and rising unemployment highlights the adverse effects of economic downturns on the labor market. Consequently, these shaded regions serve as visual indicators of economic distress and its impact on employment.
Rising sea levels due to global warming. Rising temperatures leading to heatwaves and droughts. Rising cost of living due to inflation. Rising unemployment rates during economic recessions. Rising political tensions in certain regions due to conflict.
Without the specific chart to reference, I can provide a general response. Typically, an unemployment trend chart may show fluctuations in the unemployment rate over time, reflecting economic cycles. Rising unemployment often indicates economic downturns or recessions, while declining unemployment suggests recovery and growth. Key factors influencing these trends may include changes in industry demand, government policies, and external economic conditions.