European Commission (2015), “Structural unemployment vs. NAWRU: implications for the assessment of the cyclical position and the fiscal stance”, Economic Papers 552. European Commission (2017), “NAWRU estimation using structural labour Market indicators” Discussion Paper 069. Farmer, R. (2013), “The Natural Rate Hypothesis: An idea past its sell-by date”, NBER Working Paper No.
While our HR departments cannot be the sole agents for this culture, they represent the barometer that helps us to gauge where our organisations are and how we can strengthen them. The concept of marketing yourself so that you remain relevant to your stakeholders is therefore crucial for us to achieve progress in this area.