Okun's Law ·
One Point of Unemployment Costs Two of GDP
un
seel
.com · macroeconomics · output gap · Arthur Okun (1962)
Δu (pts)
—
GDP gap
—
State
—
Yearly data point
Trend line (β ≈ 2)
Recession zone
Axis labels
▶ Play
←
→
🔇 Unmute
Reset
Un
seel
.com · Okun's Law