The impact on GDP's level of growth can be determined. As far as GDP growth goes, the unemployment rate could increase by 0.3% in 2014, when it would be 7.9% instead of 7.6%.
On April 26th, 2012. See this statement in context.
On April 26th, 2012. See this statement in context.
April 26th, 2012 / 4:05 p.m.
Parliamentary Budget Officer, Library of Parliament
The impact on GDP's level of growth can be determined. As far as GDP growth goes, the unemployment rate could increase by 0.3% in 2014, when it would be 7.9% instead of 7.6%.
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