This paper assesses whether productivity and unemployment have a stable long-run relationship. We explore a panel of 19 … that unemployment and productivity are non-stationary in levels and in many individual cases these series are cointegrated … unemployment to productivity. …

there exists long & short run cointegration relationship between unemployment rate and other variables. Granger Causality …One of the major issue for policy makers is handling with continues increase in the level of unemployment in Pakistan …. Thus forecasting unemployment rate is imperative to policy makers. This study aims to explore the best forecasting model …