Thesis: In studying Economics, we have found common bonds between four countries and we are looking for a plan that may help countries around the world to end or avoid a recession.
Overview of Recession
Unemployment Rate-Kendra
-Unemployment occurs when a person is able to work and is searching for work but is currently not working.
-Romania-May 2009- 5.8%
-U.S. - May 2009- 9.4%
-Zimbabwe- January 2009- 94%
-12 million people in the country but only 480,000 people have jobs
-Argentina- April 2009- 8.4%
Overview of Recession
Unemployment Rate-Kendra
-Unemployment occurs when a person is able to work and is searching for work but is currently not working.
-Romania-May 2009- 5.8%
-U.S. - May 2009- 9.4%
-Zimbabwe- January 2009- 94%
-12 million people in the country but only 480,000 people have jobs
-Argentina- April 2009- 8.4%
- Unemployed workers are those who are currently not working but are willing and able to work for pay, currently available to work, and have actively searched for work
- Labor force is the total number of people employed or seeking employment in an area
-It is surveyed every month
Production -Justin
Inflation-Kristine
Ways to get out of a Recession
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