https://www.frbsf.org/research-and-insights/publications/working-papers/2011/09/a-rising-natural-rate-of-unemployment-transitory-or-permanent/
A Rising Natural Rate of Unemployment: Transitory or Permanent? - San Francisco Fed
Feb 7, 2024 - The U.S. unemployment rate has remained stubbornly high since the 2007-2009 recession leading many to conclude that structural, rather than cyclical, factors...
natural rate of unemployment