How does an unemployment rate help you determine if an economy is strong or weak?

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asked Jan 16, 2019 158k views

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Loadaverage · Answer 1 · 2019-01-21T09:15:25+0000

A low unemployment rate means the economy is strong and a high unemployment rate means the economy is weak because the companies are out of business and many lose their jobs, this will lead to many poor people

How does an unemployment rate help you determine if an economy is strong or weak?

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