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natural rate of unemployment

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.
natural rate of unemployment
n
(Economics) another name for NAIRU
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Over 80 percent of respondents predict that the unemployment rate will not fall back below 7 percent until the second half of 2012 (the natural rate of unemployment is estimated to be somewhere around 6 percent).
Real GDP: second-quarter 2009 final estimate by Lindner, John / Economic Trends
As policy makers anticipate the jobless rate to push higher over the coming months and maintain a cautious outlook for the economy, households may turn increasingly pessimistic as economists forecast the natural rate of unemployment to rise to 7% from 5% during the mid 1990's.
EUR/USD: Trading the U.S. Consumer Confidence Survey by Mena Report
In the past 30 years the focus of attention has swung away from effective demand shifts and swings under the tacit assumption that the natural rate of unemployment had moved little and toward shifts and swings of the natural rate itself under the tacit assumption that effective demand is not a problem, at least not when the central bank has a good monetary policy.
Macroeconomics for a modern economy by Phelps, Edmund S. / American Economist
 
 
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