CORRELATION BETWEEN GDP AND UNEMPLOYMENT RATE: CASE STUDY USA

Doaa Wafik and Assem Tharwat
Additional contact information
Doaa Wafik: High Institution for Management Sciences, Bani Swaif, Egypt.
Assem Tharwat: American University in Emiratis, Dubai, United Arab Emiratis.

Post-Print from HAL

Abstract: The United States is a developed country has the world's largest economy by GDP, gaining from an abundance of natural resources and high worker productivity. The U.S.A economy is the post-industrial, the country continues to be like one of the world's largest manufacturers. Military spending 36% and 23% of the world GDP, it is the world's economic and military power, a famous political and cultural force, and a leader in innovations. In this paper, we study the correlation between GDP and unemployment rate, which the high rates of jobless, is causing by slow economic growth including recessions or depression, which measured by GDP. In return, unemployed workers have less to spend, which aggravate any slump. This downward cycle is very injurious, and best avoided. The applying will be on USA from 1929 until 2011 using regression and correlation analysis.

Date: 2025-11-11
References: Add references at CitEc
Citations:

Published in Journal of Global Economics, Management and Business Research, 2025, 6 (2), pp.58-69

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05364255

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().