The Natural Rate of Unemployment
Watch this video on the natural rate of unemployment. It argues that our goal is not to achieve zero percent unemployment – that is impossible. A certain low unemployment rate (the natural unemployment rate) is not only possible but desirable.
Source: Marginal Revolution University, https://www.youtube.com/watch?v=wiWursKR9Ao This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 License.
Last modified: Monday, May 13, 2024, 3:50 PM