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Copyright©2004 South-Western 28 Unemployment and Its Natural Rate.

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Presentation on theme: "Copyright©2004 South-Western 28 Unemployment and Its Natural Rate."— Presentation transcript:

1 Copyright©2004 South-Western 28 Unemployment and Its Natural Rate

2 Copyright©2004 South-Western Figure 1 The Breakdown of the Population in 2001

3 Table 1 The Labor-Market Experiences of Various Demographic Groups Copyright©2004 South-Western

4 Figure 2 Unemployment Rate since 1960

5 Copyright©2004 South-Western Figure 3 Labor-Force Participation Rates for Men and Women since 1950

6 Table 2 Alternative Measures of Labor Underutilization Copyright©2004 South-Western

7 Figure 4 Unemployment from a Wage above the Equilibrium Level


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