Natural rate of employment,
Definition of Natural rate of employment:
The economic concept is that (for a long time) there will be a certain level of employment that will be determined by the market forces and that the government can only increase through high rates of inflation. However, in some developed countries, this number is expected to increase over time due to an increase in productivity (decrease in unemployment rate). See also National Unemployment Rate.
Meaning of Natural rate of employment & Natural rate of employment Definition
