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The Natural rate of Employment The Natural Rate of unemployment is the unemployment rate at which the economy is at equilibrium Please note the economy at equilibrium".It is not referred to single or few markets but all the markets in the economy at equilibrium. Therefore, it is quite possible that the unemployment rate is not at its natural level, even if the product and money e at equilibThe Natural Rate of Employment • The Natural Rate of Unemployment is the unemployment rate at which the economy is at equilibrium. • Please note “the economy at equilibrium”. It is not referred to single or few markets but all the markets in the economy at equilibrium. Therefore, it is quite possible that the unemployment rate is not at its natural level, even if the product and money markets are at equilibrium
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