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Okun's law and Unemployment

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Okun's law and Unemployment

Okun's law vs. Unemployment

In economics, Okun's law (named after Arthur Melvin Okun, who proposed the relationship in 1962) is an empirically observed relationship between unemployment and losses in a country's production. Unemployment is the situation of actively looking for employment but not being currently employed.

Similarities between Okun's law and Unemployment

Okun's law and Unemployment have 2 things in common (in Unionpedia): Unemployment, Workforce.

Unemployment

Unemployment is the situation of actively looking for employment but not being currently employed.

Okun's law and Unemployment · Unemployment and Unemployment · See more »

Workforce

The workforce or labour force (labor force in American English; see spelling differences) is the labour pool in employment.

Okun's law and Workforce · Unemployment and Workforce · See more »

The list above answers the following questions

Okun's law and Unemployment Comparison

Okun's law has 13 relations, while Unemployment has 237. As they have in common 2, the Jaccard index is 0.80% = 2 / (13 + 237).

References

This article shows the relationship between Okun's law and Unemployment. To access each article from which the information was extracted, please visit:

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