Definitions for "Okun's Law"
Arthur Okun observed that a 1 percent decline in unemployment is correlated with a 3 percent increase in GNP. This principle was tracked carefully by President Ford's Council of Economic Advisers during the recession of 1975.
the observation that as the economy pulls out of a recession, output increases more than proportionately to increases in employment
The "law" states that increases in economic growth are associated with decreases in unemployment.