And it would require the Fed to have a lot of confidence in its estimate of the natural unemployment rate, a notoriously slippery thing to measure.
而且这也要求美联储对于它所估计的自然失业率数值有足够的信心——这是在测量众所周知的不稳定的数值。
Registered unemployment rate in the town is increasing year by year, exceeding 4%, the natural unemployment rate, suggesting a serious situation.
城镇登记失业率逐年增加，超过了4%的自然失业率，就业形势比较严峻。
His book "Structural Slumps", published in 1994, is an ambitious attempt to provide a general theory of how the natural rate of unemployment evolves.
在他于1994年出版的《结构性低迷》一书中，他雄心勃勃的试图给出一个自然率失业演化的一般理论。
Once the truth dawned and they demanded more pay, unemployment would rise back to its “natural” rate.
一旦真相明了，他们要求更高的工资，失业率又会回升到自然比率。
And it heard evidence that migrants may push down the "natural" rate of unemployment, since they are more flexible than sluggish Britons about which jobs they take.
同时，文章又说，移民会降低“自然”失业率，因为那些移民相对于迟钝的英国人来说，在工作的选择方面要灵活的多。
If America's Labour market is less efficient, the country's "structural" or "natural" rate of unemployment will be higher.
如果美国劳动力市场的效率降低，该国的“结构”或“属性”失业率就会增加。
Fed policymakers reckon America's "natural" unemployment rate-that is, the lowest compatible with stable inflation-is at or below 6% (see right-hand chart).
联邦决策者们估计美国的“自然”失业率——换句话说就是同稳定的通胀率相平衡的最低失业率应该维持在6%甚至更低(见右侧表格)。
Cyclical unemployment is the deviation of unemployment from its natural rate.
周期性失业：失业率对自然失业率的背离。
Natural rate of unemployment is the normal rate of unemployment around which the unemployment rate fluctuates.
自然失业率：失业率围绕它而波动的正常失业率。
The unemployment rate actually rose, to 9.1%, in May: the rate of job creation is barely keeping track with the natural increase in the working-age population.
5月份失业率实际上升到9.1%：职位创造率只与劳动年龄人口增长率持平。
Mr Phelps argued that inflation will not settle until unemployment rises to its "natural rate", leaving some workers mouldering on the shelf.
菲尔普斯先生还认为通胀并不能通过失业直涨到“自然率”来解决，这样只会使众多的雇员被闲置。
Improvements in employment exchanges, in availability of information about job vacancies and labor supply, and so on, would tend to lower the natural rate of unemployment.
改善就业流动，提供职位空缺和劳力供给信息等，都能降低自然失业率。
Why might the natural rate of unemployment differ across countries?
为何各国的自然失业率不同？
What's so natural about the natural rate of unemployment?
自然失业率的本质是什么？
To avoid misunderstanding, let me emphasize that by using the term "natural" rate of unemployment, I do not mean to suggest that it is immutable and unchangeable.
为了避免误会，我要强调，所谓“自然”失业率，并不是说它是不可变的。
As you can see, the unemployment rate will never be near to zero and it also fluctuates around its average natural rate.
如图你可以看到，失业率将永远不会接近零，徘徊在它的平均自然增长率水平。
However, if the inflation rate lower, the more will impede the adjustment of real wages, which will increase the natural rate of unemployment.
但假如通胀率越低的话，越将妨碍实际工资的调整，从而会增加天然失业率。
However, if the inflation rate lower, the more will impede the adjustment of real wages, which will increase the natural rate of unemployment.
但假如通胀率越低的话，越将妨碍实际工资的调整，从而会增加天然失业率。
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