In addition to GDP, you have learned about another important macro indicator, unemployment rate. Unemployment rate is the ratio of unemployed over the labor force. Labor force is comprised of unemployed and employed. Unemployment rate is considered countercyclical because it increases when production goes down and factories/companies close down. Please address the following questions in this discussion forum by choosing only one of the countries/graphs (shown in the thread). Identify the unemployment rate during the recession (Refer to Discussion 5 to find the recession). Is the movement/relation as predicted by the theory? Explain what is cyclical unemployment and make an estimate of cyclical unemployment during the recession (if applicable). Provide any conclusion regarding the movement and gap between unemployment rate of people with advanced education vs. basic education. germany recession 2009