The natural unemployment rate is the minimum unemployment rate resulting from real or voluntary economic forces. Natural unemployment reflects workers moving from job to job, the number of ...

Monetarists argue against the Phillips curve, stating that over the long run, the economy tends to revert to the natural rate of unemployment as it adjusts to any rate of inflation. Labor Supply ...

The world's most-awkward acronym, NAIRU, can predict where interest rates are heading and the signs are not good for ...

The combination of these factors brings about a long-term average around which the unemployment rate tends to fluctuate, called the natural rate of unemployment (NRU). The term “natural” does not mean ...

The combination of these factors brings about a long-term average around which the unemployment rate tends to fluctuate, called the natural rate of unemployment (NRU). The term “natural” does not mean ...