Friday, June 17, 2016

Finding relationship between Economic growth & Unemployment Ratio

Is there any  relationship exists between Economy growth rate & Employment ratio ? (Indian context)



S.no            Year                          Economy growth rate(GDP%)      Unemployment Ratio(%)
1.              2007-08                           9.32                                              8
2.              2008-09                           6.72                                              9.4
3.              2009-10                           8.59                                              9.4
4.              2010-11                           8.91                                              6.3
5.              2011-12                           6.69                                              5.2
6               2012-13                           4.47                                              4.9
7.              2013-14                           4.74                                              4.9