Unemployment is expressed as a percentage of the working population. is seen as the level of unemployment below which there would be a rise in inflation. 19 FOR BUSINESSES Negative Fall in demand for products Knock-on effect on . Supply-side Indicators for the UK Economy Tutor2u Economics February We appreciate that practitioners are knowledgeable in relation to of unemployment, inflation and exchange rates and the methods to control them. In .. tutor2u badz.info For example, there is a relationship with crime and social dislocation *Effects on wage inflation e.g. the possibility of wage freezes or wage cuts available labour for businesses wanting to expand and take on more workers.
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