Algerian Economy Shows Weak Employment Growth Despite GDP Increase.
The article examines how economic growth affects unemployment rates in Algeria from 1991 to 2019. By using Okun's law, the researchers found that as the real GDP increased, unemployment rates decreased, but the rise in employment was weak. They also discovered that labor market protection policies helped lessen the negative impact of a decrease in output growth on employment. These findings are important for policymakers, investors, and anyone interested in the labor market in Algeria and other developing economies.