Catalog / Business / Okun's Law Calculator
Business · Tool

Okun's Law Calculator

Estimate the expected change in unemployment given a change in GDP growth using Okun's empirical relationship.

GDP growth rate
%
Okun's coefficient

Coefficient typically ranges from -0.2 to -0.8

Unemployment change
Coefficient
Relationship
Unemployment change
%
GDP 2.5% growth
PNG · made in your browser, nothing uploaded
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