NAIRU
Non-accelerating inflation rate of unemployment – the level of unemployment below which competition for workers will drive up wages
« Back to Glossary Indexby Mike Rawson ·
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 19, 2020
by Mike Rawson · Published August 24, 2022
by Mike Rawson · Published October 4, 2021
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It has long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things.