An increase in the unemployment rate usually signals a lack of demand for goods and services. This is because higher unemployment often indicates that businesses are not hiring due to reduced consumer demand, leading to the conclusion that the economy may be experiencing a downturn.
An increase in the unemployment rate usually signals which of the following?(1 point)
Responses
strong economic growth
strong economic growth
a shortage of qualified workers
a shortage of qualified workers
an aging population
an aging population
lack of demand for goods and services
1 answer
1 answer