Higher demand requires firms to increase production. Higher production dictates that firms hire more workers. By definition, higher employment leads to lower unemployment. Lower unemployment means a smaller fraction of the labour force are looking for work. 50 more words
Tags » Macroeconomics
Will Francois Hollande’s government reshuffle help kick start the French economy?
Ray Dalio is an American investor and founder of one of the most important investment firms, Bridgewaters Associates. One of the richest men in the world, he made his first investment at the age of 12 when bought 300 $ of Northeast Airlines shares and sold them with triple value. 14 more words