Sentences with phrase «assuming full employment»
The Howe has reverted to simply assuming full employment in its approach to economic policy and worrying about egg marketing boards.
http://www.progressive-economics.ca/ Not exact matches
The Fed had long considered a rate of 5.6 % to represent «full employment»; when it's lower, anyone seeking work is assumed to be simply transitioning to a new job.
Assuming the Fed's median estimate of the non-accelerating inflation rate of unemployment (NAIRU), the U.S. economy has finally reached full employment.
CAP assumes annual wage growth matches the mean effect of experience and nonexperience on real wages measured in the NLSY data assuming full - time, full - year employment, and reports the cumulative difference between the no - leave earnings profile and the leave earnings profile over time.
Next, while the owls do not deny that deficit spending at full employment can lead to overheating, they assume that bringing the heat back down occurs seamlessly.