2021Modeling Control and Information TechnologiesOpen access

Modern trends in unemployment

Ibraim Didmanidze, Chachanidze Guram, Manana Didmanidze, Tengiz Didmanidze

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Abstract

Unemployment is an integral part of a market economy. This means that the inevitable feature of a market economy is the existence of a certain level of unemployment, despite the fact that unemployment is one of the visible indicators of macroeconomic instability in the country. Unemployment causes macroeconomic instability precisely when the level of actual unemployment exceeds the set natural limit.

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Unemployment is an integral part of a market economy. This means that the inevitable feature of a market economy is the existence of a certain level of unemployment, despite the fact that unemployment is one of the visible indicators of macroeconomic instability in the country. Unemployment causes macroeconomic instability precisely when the level of actual unemployment exceeds the set natural limit.

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Available abstract

Unemployment is an integral part of a market economy. This means that the inevitable feature of a market economy is the existence of a certain level of unemployment, despite the fact that unemployment is one of the visible indicators of macroeconomic instability in the country. Unemployment causes macroeconomic instability precisely when the level of actual unemployment exceeds the set natural limit.

Key concepts: Unemployment, Economics, Full employment, Misery index, Labour economics, Instability, Keynesian economics, Macroeconomics

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