This series last appeared in the February, 2021 report: NROU (https://fred.stlouisfed.org/series/NROU)), formerly called "Natural Rate of Unemployment (Long-Term)." 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.
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Series is adjusted to U.S. Concepts. Bureau of Labor Statistics (BLS) has eliminated the International Labor Comparisons (ILC) program. This is the last BLS release of international unemployment rates and employment indexes.
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Bureau of Labor Statistics (BLS) has eliminated the International Labor Comparisons (ILC) program. This is the last BLS release of international unemployment rates and employment indexes.
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Series is adjusted to U.S. Concepts. Bureau of Labor Statistics (BLS) has eliminated the International Labor Comparisons (ILC) program. This is the last BLS release of international unemployment rates and employment indexes.
Series is adjusted to U.S. Concepts. Bureau of Labor Statistics (BLS) has eliminated the International Labor Comparisons (ILC) program. This is the last BLS release of international unemployment rates and employment indexes.
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Series is adjusted to U.S. Concepts. Bureau of Labor Statistics (BLS) has eliminated the International Labor Comparisons (ILC) program. This is the last BLS release of international unemployment rates and employment indexes.
The estimated effect of ARRA on selected NIPA estimates of federal receipts and expenditures. Estimates of the ARRA’s effects on the NIPAs will not be available for periods after the first quarter of 2013 due to the lack of availability of source data and the declining impact of the ARRA on the NIPAs. For more information about the ARRA, visit http://www.ed.gov/open/plan/recovery-gov.
Series is adjusted to U.S. Concepts. Bureau of Labor Statistics (BLS) has eliminated the International Labor Comparisons (ILC) program. This is the last BLS release of international unemployment rates and employment indexes.
Series is adjusted to U.S. Concepts. Bureau of Labor Statistics (BLS) has eliminated the International Labor Comparisons (ILC) program. This is the last BLS release of international unemployment rates and employment indexes.
Series is adjusted to U.S. Concepts. Bureau of Labor Statistics (BLS) has eliminated the International Labor Comparisons (ILC) program. This is the last BLS release of international unemployment rates and employment indexes.
Series is adjusted to U.S. Concepts. Bureau of Labor Statistics (BLS) has eliminated the International Labor Comparisons (ILC) program. This is the last BLS release of international unemployment rates and employment indexes.
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Please visit http://research.stlouisfed.org/fred2/personalincome for documentation on the derivation of personal income.
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)
Copyright, 2016, OECD. Reprinted with permission. All OECD data should be cited as follows: OECD (2010), "Main Economic Indicators - complete database", Main Economic Indicators (database),http://dx.doi.org/10.1787/data-00052-en (Accessed on date)