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The jobless rate consistent with stable inflation has gone up, and, as a result, the apparent loosening in the labour market will prove illusory.
ECONOMIST: Inflation and interest rates
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NAIRU, the unemployment rate consistent with stable inflation, has fallen.
ECONOMIST: The euro area's economy
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All this makes the labour market harder to read: it seems that the unemployment rate consistent with stable inflation has fallen, but it is hard to say how far.
ECONOMIST: The labour market
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Unemployment has continued to tumble, to far below the point previously thought consistent with stable inflation, yet inflation (excluding mortgage-interest payments) is bang on the Bank's target rate of 2.5%.
ECONOMIST: The economy
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Once workers try to catch up, the old relationship will re-emerge and the unemployment rate consistent with stable inflation will rise back to its previous level of above 5%, from a low of 3.9% last year.
ECONOMIST: Economics focus
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Meet good vision with consistent execution every day to build a stable, growing pipeline of opportunities.
FORBES: Working with an Entrepreneurial Attitude is a Powerful Addiction
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Uribe has brought consistent growth of about 7% annually and relatively low inflation, with food prices remaining fairly stable.
CENTERFORSECURITYPOLICY: We must stand with Colombia