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The rise in automation and technology has distorted this relationship, by reducing the global economy\u2019s dependence on labor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A theory that maintains inflation and unemployment have an inverse relationship. Inflation is generally accompanied by economic growth, which includes job creation. A loss of jobs however, leads to reduced price pressures as folks don\u2019t have as much money to buy goods and services, pushing businesses to lower prices. 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