Okuns Law Calculator
FinanceEstimate the change in unemployment implied by Okuns Law, which relates GDP growth above or below its trend rate to changes in the unemployment rate.
Implied Change in Unemployment Rate
Positive means unemployment is expected to rise; negative means it is expected to fall
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Frequently Asked Questions
What is a typical Okun coefficient?
Estimates for the US have historically ranged from about 0.4 to 0.5, though the exact relationship varies by country and time period, this calculator lets you set your own.
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