A New Estimate of the Natural Rate of Unemployment
Didem Tuzemen ()
Macro Bulletin, 2017, 1-4
The author presented a new estimate of the natural (or trend) rate of unemployment that accounts for changes in the age, sex, and skill composition of the labor force. Based on this new estimate, the natural rate of unemployment has declined by 0.4 percentage point since 1994 and is currently 4.6 percent. Ongoing demographic and technological changes could lower the trend rate further to 4.4 percent by the end of 2022.
Keywords: Labor force; Employment; Labor market; Unemployment (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://www.kansascityfed.org/en/publications/rese ... al-rate-unemployment Full text (text/html)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (https://www.kansascityfed.org/en/publications/research/mb/articles/2017/new-estimate-natural-rate-unemployment [301 Moved Permanently]--> https://www.kansascityfed.org/en/publications/research/mb/articles/2017/new-estimate-natural-rate-unemployment/)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:fip:fedkmb:00059
Ordering information: This journal article can be ordered from
Access Statistics for this article
More articles in Macro Bulletin from Federal Reserve Bank of Kansas City Contact information at EDIRC.
Bibliographic data for series maintained by ().