Conventional economic thinking predicts that they have an inverse relationship ... into the economy by growth and expansion. According to Phillips' theory, this cuts the unemployment rate since ...

It is not a coincidence that the global economy experienced the most severe case of unemployment during the worst economic crisis ... possibly between 2 and 3 percent. How far does this inverse ...

Stagflation combines stagnant economic growth, high unemployment, and persistent inflation. It defies traditional economic models, which typically show inflation rising during strong economic growth ...

GlobeSt.com has reported multiple warnings about the possibility of stagflation, the specter of economic ... on the relationship between unemployment and gross national product growth, created ...