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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: Ken Salaets who wrote (3968)2/18/1999 2:57:00 PM
From: flatsville  Read Replies (2) | Respond to of 9818
 
Ken--I've never seen the source info you're describing re: GDP and unemployment. If you think it might be www based, point me in the right direction and I'll help you search.

"flatsville"



To: Ken Salaets who wrote (3968)2/18/1999 3:57:00 PM
From: flatsville  Read Replies (1) | Respond to of 9818
 
Ken--Just a cursory look at some data from the mid-1970s tells me we're right. In 1975 when GDP went seriously negative the unemployment rate bolted to 8.5%. I'll keep looking, but I hope you find that source material. It might tell us a lot about where the bad case scenario unemployment figures are coming from.

"flatsville"



To: Ken Salaets who wrote (3968)2/19/1999 1:17:00 PM
From: B.K.Myers  Read Replies (3) | Respond to of 9818
 
Ken,

This might be the information that you are looking for regarding the relationship between GDP and the unemployment rate:

What is the Relationship Between Per Capita GDP and Unemployment?

"There is a strong, highly significant negative relationship between annual changes in real per capita GDP and changes in unemployment rate in the same year. In simple terms, when growth (increase in per capita real GDP) increase then unemployment falls and when growth slow then unemployment increase. The data confirms what we would expect."

cor-ex.com

B.K.