Number: RL30283
Title: THE UNEMPLOYMENT RATE AND THE POTENTIAL SUPPLY OF LABOR
Authors: Linda Levine, Domestic Social Policy Division 
Abstract: This report examines alternatives to the official unemployment rate to ascertain the pool of labor potentially available to meet rising employer demand during the more than 8-year-old economic expansion. The analysis provides one explanation for the current low-inflation environment despite an official unemployment rate that is below the full employment rate of non-accelerating inflation rate of unemployment.
Pages: 7
Date: Updated August 16, 1999