The Beveridge curve cardBeveridge curve

Beveridge curve

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What Wikipedia says

A Beveridge curve, or UV curve, is a graphical representation of the relationship between unemployment and the job vacancy rate. The curve is a downward sloping locus of unemployment and vacancy combinations that are consistent with the flow into unemployment equalling the flow out of unemployment.

Excerpt from the Wikipedia article “Beveridge curve”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

Image: Pill, CC0, via Wikimedia Commons.

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