do u know what unemployment is? unemployment rate is a measure of the prevalence
I do Have you ever been unemployed?
no,  During periods of recession, an economy usually experiences a relatively high .
That is interesting. What is the unemployment rate at this time?
i will research on it but Austrian School of economics argued that market mechanisms are reliable means of resolving unemployment.
What do they suggest?
they suggest Classical economics, and new classical economics
That sounds like a good idea. I hope it helps lower the rate. What do you think>
Classical economics
Classical economics or classical political economy is a school of thought in economics that flourished, primarily in Britain, in the late 18th and early-to-mid 19th century. Its main thinkers are held to be Adam Smith, Jean-Baptiste Say, David Ricardo, Thomas Robert Malthus, and John Stuart Mill. These economists produced a theory of market economies as largely self-regulating systems, governed by natural laws of production and exchange (famously captured by Adam Smith's metaphor of the invisible hand).
of their own work and how that compares to current wage rates plus the time and effort required to find a job. Causes and solutions for frictional unemployment often address job entry threshold and wage rates.
The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. During periods of recession, an economy usually experiences a relatively high unemployment rate. Millions of people globally or 6% of the world's workforce