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JC Economics Tuition Notes
Unemployment


The study of unemployment, as one of the economic indicators, will be important in our economics tuition program. You will examine the meaning of ‘unemployment’, how it is commonly measured and then study the impacts of employment on individuals as consumers and workers, as well as firms and economies as a whole. From this analysis, you will recognise the importance of attaining low unemployment rate as one of the main aims of government.

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