natural rate of unemployment

Popular Terms
Level of unemployment at which the inflation rate in an economy stays stable and, if the unemployment falls due to an expanding economy, the inflation rate starts to accelerate. Also called non accelerating inflation rate of unemployment (NAIRU). See also natural rate of employment.

Use 'natural rate of unemployment' in a Sentence

Sometimes the natural rate of unemployment will fluctuate and if you find yourself without a job you will have to wait it out.
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The natural rate of unemployment was indeed lower than expected which brought great joy to the lead administrators in the region.
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Some American cities where the cost of living is higher are considering raising the minimum wage, and they factor in research based on the natural rate of unemployment when deciding whether to put it to a vote.
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