5.4% when the economy is good. 9.5% when the economy is in a recession.
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Cyclical unemployment rate = Actual rate - Natural rate of unemployment. if you don't have the Natural rate, then you might have Frictional & structural rate, which can be added together to get the natural one N= F+S
Unemployment/labor force * 100.
The current unemployment rate in the United States is 22.5 Percent as of May 2014. It is down significantly from the previous year.
It depends to the acceptable risk level in your company. Usually AFR=10 is acceptable in most companies.
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