Nairu. This concept follows naturally from any theory that says that changes in monetary policy,. Equilibrium unemployment rate data is updated yearly, averaging 5.759 % from dec 1985 (median) to 2022, with 38 observations.

Nairu 1989 to 1997 (26 kb) nairu 1997 to recent (214 kb). In our view, the nairu is approximately a synonym for the natural rate of unemployment.