for full employment beyond the implications of NAIRU. The latter concept is actually misleading, because most economists … and commentators in the media equate it with "full employment". As a consequence, endemic and large scale un- and … unemployment down to the minimum feasible rate which in the U.S. is most likely around 1.2%,--the rate which prevailed in 1944 and …

Western Europe, but by lower employment rates in Eastern and Southern Europe. …

U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms … varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However …

Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being … force behind both recent reductions in U.S. manufacturing employment and-through input-output linkages and other general …

with the hypothesis that locals will provide more tips to the enforcement agency when unemployment is high, we find that … the number of audits conducted grows with increased local unemployment. We also find that a congressman's party …

By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …

achieves full employment and the other suffers long-run unemployment. Own and spill-over effects of changes in policy … stagnant country's current account depreciate the home currency, expand home employment and improve the foreign terms of trade …

and public employees. After solving for the status quo equilibrium, which can mimic the advantages of employment in the …

In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this … unemployment rate in the Netherlands has increased somewhat. However, since the huge decline in unemployment was due to structural … improvements in the functioning of the labor market there is not a lot of reason to worry about the recent rise in unemployment …