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The data suggest that in the European Union countries, the natural rate of unemployment has steadily...

The data suggest that in the European Union countries, the natural rate of unemployment

has steadily declined over the past two decades.

is no longer a relevant concept.

will soon exceed the percentage of the labor force that is working.

is now higher than in the U.S. has become less "natural," since it is now almost entirely determined by the policies of a few large corporations.

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The data suggest that in the European Union countries , the natural rate of unemployment is now higher than in the U.S.

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