NAIRU
Non-accelerating inflation rate of unemployment – the level of unemployment below which competition for workers will drive up wages
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Non-accelerating inflation rate of unemployment – the level of unemployment below which competition for workers will drive up wages
« Back to Glossary Index
by Mike Rawson · Published May 20, 2021
by Mike Rawson · Published November 26, 2015 · Last modified October 11, 2023
by Mike Rawson · Published July 13, 2021
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It’s a wonderful feeling when you discover some evidence to support your beliefs.