Unemployment rate and economic growth after COVID-19
The goal of the project is to explore the relationship between the growth rate of the economy and the unemployment rate in the last four years since COVID-19.
Installation
You'll need to install fredapi first. And to do that use this:
As anticipated, our analysis reveals a clear relationship between unemployment rates and GDP fluctuations. Notably, during the challenging year of 2020, when unemployment rates surged, we observed a corresponding decline in GDP.
This observation underscores a fundamental economic principle: "With lower unemployment rates, we are more likely to achieve higher gross domestic product (GDP)."
Exploring the relationship between the growth rate of the economy and the unemployment rate in the last four years since COVID-19. - GitHub - mohamedyosef101/g…