What does natural rate of unemployment mean??

It represents the hypothetical unemployment rate consistent with aggregate production being at the %26quot;long-run%26quot; level.

let us know if this doesn%26#039;t help.

What does natural rate of unemployment mean??rate my teacher

total no. of unemployed people in a country divided by the no. of population.

What does natural rate of unemployment mean?? loan

When we said that there is full employment level it does not mean that all the labour in the economy is employed hense there are some % of people who are unemployed i.e. stractural unempled people, frictional unemployed etc.

Thus we can say that on full employment level the existing unemployement is called Natural Unemployement.