Blog

A Natural Approach to Estimating the ‘Natural Rate’ of Unemployment


Abstract: The unemployment rate is a widely viewed gauge of U.S. labor market slack or tightness. Because of structural changes to the labor market over time, assessments about slack/tightness require a reference point called the “natural rate of unemployment.”

Keywords: Labor; Economic Conditions;

Access Documents

File(s): File format is text/html https://www.dallasfed.org/research/economics/2019/1008
Description: Full text

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Source: Dallas Fed Economics

Publication Date: 2019-10-08