The unemployment rate provides an important gauge of spare capacity in the labour market and the economy more generally …. However, other factors also affect unemployment, which complicates its interpretation when informing monetary policy …. Statistical methods can be used to estimate the extent to which the unemployment rate reflects spare capacity versus more enduring …

dynamics of employment and unemployment in order to identify key issues for the sources of the malfunctioning of these labour … passive labour market policies, and the structure of employment and output. …

targeting reducing inflation rates would also help to reduce unemployment rates in Sudan. Keywords Labour market; employment …This paper examines the structure of the labour market and unemployment in Sudan. One advantage of our analysis is that … we explain several stylized facts on the labour market using new secondary data on population, employment and …

This Selected Issues paper reviews recent developments in growth and employment in Bulgaria and highlights key … and financial stabilization in 1997. The global economic crisis had a major effect on Bulgarian growth and employment … its 2008 level. However, employment growth was negative during 2009–2012, and the first small uptick occurred only in …

.g., school achievement), and present circumstances (e.g., participation in education and employment) as well as aspirations and …

for which the response of wages is modest relative to the response of employment, as appears to be the case in U.S. data …, for certain parameters, the model can explain both the standard deviations of employment and wages and the correlation …

Recent studies have indicated that the terms 'NAIRU' (non-accelerating inflation rate of unemployment) and 'natural … rate of unemployment' are not interchangeable. While NAIRU is an empirical macroeconomic relationship estimated via a … natural rate of unemployment relative to the NAIRU. The natural rate of unemployment in the USA since the Second World War is …