IJSRP, Volume 14, Issue 7, July 2024 Edition [ISSN 2250-3153]
Pamela Tholakele Maphosa
Abstract:
This study examines the factors influencing unemployment in Zimbabwe, focusing on the relationship between unemployment rate, GDP growth rate, and inflation rate from 2000 to 2022. Using various econometric techniques, including the Augmented Dickey-Fuller (ADF) test, Variance Inflation Factor (VIF), and Ordinary Least Squares (OLS) regression analysis, the research investigates the significance of these macroeconomic variables. The findings indicate that while the inflation rate significantly impacts unemployment, the GDP growth rate does not.