the natural rate of unemployment equals
The current unemployment rate is 6%. Current real gross domestic product is $10 trillion. The first tidbit of information means that potential real gross domestic product is achieved when 95% of the labor force is employed, which is 100% minus the 5% natural unemployment rate.This can be termed the natural employment rate.ettling for a higher natural unemployment rate that actually includes some cyclical unemployment, at the very least, condemns these workers to temporary hardships and prevents the rest of the economy from enjoying a few hundred billions dollars worth of production.