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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;
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https://www.dallasfed.org/research/economics/2019/1008
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2019-10-08