Policies that reduce the time it takes unemployed workers to find new jobs can reduce the economy's natural rate of unemployment.

Question

Quizplus · Accepted Answer

Policies that expedite the job-finding process for unemployed workers can effectively lower the natural rate of unemployment by decreasing the duration of unemployment and improving the match between job seekers and job vacancies, thus enhancing overall labor market efficiency.

Policies That Reduce the Time It Takes Unemployed Workers to Find