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About Labor and Employment Issues (Economic Issues, Problems and Perspectives)
In the short run, the relationship between economic growth and the unemployment rate may be a loose one. Firms may be able to increase their output by raising the productivity of the labor on hand, which yields a temporary boost in measured labour productivity above its longer-run rate of growth.
Detailed Information
Author: | Nickolas H. Mullen |
---|---|
Publication Year: | 2010 |
ISBN: | 9781607412861 |
Pages: | 148 |
Language: | English |
File Size: | 6.2 |
Format: | |
Price: | FREE |
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