Open AccessModern trends in unemployment
Author(s) -
Ibraim Didmanidze,
Chachanidze Guram,
Manana Didmanidze,
Tengiz Didmanidze
Publication year - 2021
Publication title -
modeling, control and information technologies
Language(s) - English
Resource type - Journals
eISSN - 2707-1049
pISSN - 2707-1030
DOI - 10.31713/mcit.2021.09
Subject(s) - unemployment , economics , full employment , misery index , labour economics , instability , keynesian economics , macroeconomics , physics , mechanics
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.