Скачать или смотреть What FULL Employment Really Means? | The Fed’s 4% Sweet Spot

Why does the Federal Reserve keep aiming for 4% unemployment?
It’s not zero. It’s not five. So what makes four the sweet spot?

In this video, we break down why the Fed targets around 4% unemployment and how that number influences everything from interest rates to inflation.
We explore the Fed’s dual mandate, the theory behind NAIRU, historical shifts in labor policy, and the real-world impact of keeping millions unemployed… even in a “healthy” economy.

Topics Covered:
– What is full employment?
– The NAIRU explained
– How past Fed chairs approached unemployment
– Phillips Curve, labor force participation, and wage pressure
– Critiques of the 4% target and its social impact

Whether you’re an investor, policy nerd, or just macro-curious, this explainer gives you a clear view of how the Fed thinks about jobs—and why 4% unemployment matters more than you think.

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#economics #unemployment #inflation