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• nairu
  nairu

  noun

  nonaccelerating inflation rate of unemployment: the lowest level of unemployment an economy can handle without causing inflation.
• NAIRU
  NAIRU

  acronym

  non-accelerating inflation rate of unemployment: the rate of unemployment at which inflation is neither accelerating nor decelerating

nairu

American  

[ney-roo] / ˈneɪ ru /

Or NAIRU

noun

Economics.

1. nonaccelerating inflation rate of unemployment: the lowest level of unemployment an economy can handle without causing inflation.

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NAIRU British  

/ ˈnaɪruː /

acronym

1. Also called: natural rate of unemployment.  non-accelerating inflation rate of unemployment: the rate of unemployment at which inflation is neither accelerating nor decelerating

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Etymology

Origin of nairu

First recorded in 1975–80; acronym

Example Sentences

See Examples For:

NAIRU

Or, to put it another way: He thinks the problem is that the jobless rate is way below NAIRU.

From Slate ● Jul. 7, 2022

If it settles at NAIRU, the labor market is just right and inflation stabilizes.

From Slate ● Jul. 7, 2022

If it rises above NAIRU, the labor market cools down and inflation decelerates.

From Slate ● Jul. 7, 2022

The debate concerns the so-called “natural rate of unemployment,” also known as the NAIRU.

From Washington Post ● Jan. 18, 2015

Comment: This attractor is nothing else but the NAIRU.

From Definition & Reality in the General Theory of Political Economy by Colignatus, Thomas