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United States NAIRU (Natural Rate of Unemployment)
NAIRU—the Non-Accelerating Inflation Rate of Unemployment—is an estimated structural unemployment rate for United States below which inflation tends to accelerate. It is an unobservable theoretical benchmark used in policy models.
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Why NAIRU (Natural Rate of Unemployment) matters for USD
When United States's actual unemployment rate falls below NAIRU, the Federal Reserve typically interprets this as inflationary and may tighten policy. Understanding NAIRU helps contextualize whether rate moves are warranted.
How to interpret this series
NAIRU itself is revised periodically. Unemployment well below NAIRU is a hawkish signal and usd-supportive; unemployment significantly above NAIRU suggests slack that restrains wage growth and lowers the bar for rate cuts.
Historical NAIRU (Natural Rate of Unemployment)
Source: CBO. Cadence: Quarterly. Unit: %. History from 2000-03-31 (26.2 years).
Recent announcements
Each release gets a durable child page so data, forecast, previous value, and raw fields can be cited directly.
Related United States indicators
Move to adjacent releases in the same macro category.
Average Hourly Earnings
Measures the change in the price businesses pay for labor.
Average Weekly Earnings / Wages
Measures nominal wage growth.
Employment Level
Total number of employed persons.
Full-Time Employment
Number of persons employed full-time.
Initial Jobless Claims
Weekly initial unemployment insurance claims.
Job Openings
Total number of unfilled job positions, a key indicator of labor market demand and tightness.
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Non-Farm Payrolls (NFP)
Number of workers in the U.S. excluding farm workers.
Part-Time Employment
Number of persons employed part-time.
Unemployment Rate
Percentage of the labor force that is unemployed.
Common questions
Editorial context for readers and AI agents using this page as a cited country indicator source.
How often is United States NAIRU (Natural Rate of Unemployment) updated?
NAIRU (Natural Rate of Unemployment) for United States is released on a quarterly schedule by Federal Reserve (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is NAIRU (Natural Rate of Unemployment) reported in?
The series is published in %. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source United States NAIRU (Natural Rate of Unemployment) data?
Data is fetched directly from Federal Reserve or the official national statistics publication for United States. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query NAIRU (Natural Rate of Unemployment) for United States via the API?
Issue a GET request to /api/v1/announcements/usd/nairu?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.