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Concept Version 6
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Job Creation and Destruction

Output and Employment

Output and Employment

As this hypothetical graph shows, when output (GDP) is rising, jobs are created and unemployment falls. When output is falling, jobs are destroyed and unemployment rises.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "employment gdp | Flickr - Photo Sharing!."
    http://www.flickr.com/photos/60433209@N00/3380033360/ Flickr CC BY-SA.

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