Unemployment, GDP, and Inflation
By: Michelle Nelson
Around the time of 1889 to 2000 the rate was about 3.9%.
The rate of inflation during the times of 1960 to 2010 and throughout the year the rate of inflation have done a roller coaster because the price level has either gone up or went down.
GDP Annual Growth
Year to year change of the GDP changing quarterly
How does inflation GDP?
Types of unemployment
Structural Unemployment- Unemployment that occurs when the economy reduces the demand for workers and their skills.
Cyclical Unemployment- unemployment directly related to swings in the business cycle.
Seasonal Unemployment- Unemployment resulting from changes in the weather or changes in the demand for certain products.
Technological Unemployment- Unemployment caused when workers with less skills, talents, or education are replaced by machines and other equipment that do their jobs.
"Inflation, Money Supply, GDP, Unemployment and the Dollar - Alternate Data Series."Shadow Government Statistics RSS. N.p., n.d. Web. 11 Apr. 2014.
"The Importance Of Inflation And GDP." Investopedia. N.p., n.d. Web. 11 Apr. 2014.
"Federal Reserve Bank of San Francisco." Federal Reserve Bank San Francisco. N.p., n.d. Web. 11 Apr. 2014.