Economists at the Congressional Budget Office estimated that for 2007,the U.S.natural rate of unemployment was

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The U.S. natural rate of unemployment for 2007 was estimated by economists at the Congressional Budget Office to be 4.8 percent. This refers to the level of unemployment that is consistent with full employment of labor and stable inflation, without any cyclical fluctuations. The natural rate of unemployment varies over time and can be affected by factors like changes in labor market institutions and demographic shifts.

Economists at the Congressional Budget Office Estimated That for 2007,the