Create full employment is the goal of all macro-economic policies, including monetary policy. Ensure full employment does not mean the unemployment rate to 0 that at natural rate of unemployment. Natural rate of unemployment is made up of temporary unemployment (those who are looking for suitable work) and structural unemployment rate (unemployment by the mismatch between labor demand and supply of labor). Each country should determine the natural rate of unemployment precisely to achieve this goal. Besides, trying to reduce the natural rate of unemployment is also regarded as the goal of monetary policy
đang được dịch, vui lòng đợi..
