Natural Rate of Unemployment, short-term : 4.27% (As of 2031-10-01) ( Discontinued )
Historical Data
Basic Info
Natural Rate of Unemployment, short-term was 4.27 as of 2031-10-01, according to Congressional Budget Office. Historically, Natural Rate of Unemployment, short-term reached a record high of 6.24 and a record low of 4.27, the median value is 5.41. Typical value range is from 4.32 to 4.42. The Year-Over-Year growth is -0.52%. GuruFocus provides the current actual value, an historical data chart and related indicators for Natural Rate of Unemployment, short-term - last updated on 2031-10-01.
Quarterly , not seasonally adjusted . The natural rate of unemployment (NAIRU) is the rate of unemployment arising from all sources except fluctuations in aggregate demand. Estimates of potential GDP are based on the long-term natural rate. (CBO did not make explicit adjustments to the short-term natural rate for structural factors before the recent downturn.) The short-term natural rate incorporates structural factors that are temporarily boosting the natural rate beginning in 2008. The short-term natural rate is used to gauge the amount of current and projected slack in labor markets, which is a key input into CBO's projections of inflation.
| Category | Population, Employment, & Labor Markets |
| Region | USA |
| Source | Congressional Budget Office |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 4.27% | ||
| Latest Period | 2031-10-01 | ||
| Long Term Average | 4.37% | ||
| Average Annualized Growth Rate | -0.25% | ||
| Value from 1 year ago | -% | ||
| Change from 1 year ago | % | ||
| Frequency | Quarterly | ||
| Unit | % | ||
| Download Source | NROUST.txt |
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