Unemployment Essay Research Paper Unemployment is one — страница 2

because borrowing money is cheap. More business will expand and open due to low interest rates. And this will increase public spendings. More public spending will cause inflation in the long term, which will cause a decrease in sales. Therefore, lowering interest rates only benefits smaller businesses in the short term. In conclusion, unemployment is one of the greatest economic concerns not only in canada but in the world. And it s caused by many factors 3 of which are cyclical, structural and seasonal unemployment. And it could be reduced by an economic growth, lowering the value of canadian dollar and decreasing interest rates. However , there will never be any economy where 100% of the population are employed the full employment is considered when only 95-98% of the

population are working.