https://www.frbsf.org/research-and-insights/publications/working-papers/2023/08/estimating-natural-rates-of-unemployment-a-primer/
Estimating Natural Rates of Unemployment: A Primer - San Francisco Fed
Jan 2, 2025 - Before the pandemic, the U.S. unemployment rate reached a historic low that was close to estimates of its underlying longer-run value and the short-run level...
rates of unemploymentsan franciscoestimatingnaturalprimer