The "natural rate of unemployment" thesis is principally advocated by Conservatives.

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The "natural rate of unemployment" thesis is a conservative economic theory that suggests there will always be a certain level of unemployment in an economy, typically between 4-6%, which reflects the natural turnover and job search efforts of workers. It is often used to argue against government intervention in the labor market and to support laissez-faire policies.

The "Natural Rate of Unemployment" Thesis Is Principally Advocated by Conservatives