Workforce and Employment

What effect does rising unemployment have on the economy?

People who lose their job often start businesses. Image: Unsplash

Daragh O'Leary

PhD Researcher in Economics, University College Cork

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Workforce and Employment

Chart showing UK's new business creation and unemployment from 2006 to 2020
As new businesses get formed, the unemployment rates see a downwards trend. Image: Conversation

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Related topics:

Workforce and EmploymentEconomic ProgressSDG 08: Decent Work and Economic Growth

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