Employment rates largely depend on gross domestic product being produced and its relationship to demand. When products are largely demanded the response by manufactures is to increase production therefore increasing the rate of the employment of individuals needed to meet the demand. When the demand goes down for products not as many employees are needed in production which is shown as a rising unemployment rate.
recession
recession
economic depression
recession
irresponsible in work is major cause
all of the answer are correct
expansion
b. high unemployment
overproduction, business failures, unemployment relief
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.
The Chief Legislator
Fewer jobs are available and unemployment rise during a recession. If the recession becomes severe or long term it is then termed a depression.