What impact does unemployment have on the economy?

Question

Computers & Technology

Karley Bolton

21 October, 17:36

What impact does unemployment have on the economy?

+5

Answers (2)

Know the Answer?

Ruby Moss · Answer 1

A negative impact.

Explanation:

The unemployed are also unable to purchase as many goods, so will contribute to lower spending and lower output. A rise in unemployment can cause a negative multiplier effect.

Pig · Answer 2

Very negative impact on the economy.