The Natural Rate of Employment Is Achieved When
Assumes that full employment condition can be achieved by cutting down the wage rate. The unemployment rate reached 35 percent the lowest in a half-century.
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Unleashed Americas oil and natural gas potential.
. Achieved 40 months in a row with more job openings than job-hirings. Such unemployment is termed as natural rate of unemployment. More Americans reported being employed than ever before nearly 160 million.
According to Rullin and Gregory The natural rate of unemployment is the rate of unemployment arising from normal labor market frictions that exist when the labor market is in equilibrium. For the first time in nearly 70 years the United States has become.
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