Teoretyczne i empiryczne implikacje rynku pracy

Theoretical considerations related to the functioning of the labor market are always the implication of many economic factors. Market theorists and pragmatists are trying to determine the assumptions that guide the market in order to prevent the increasing unemployment. Over the years, a number of theories of unemployment have been determined but do they protect the labor market? The controversy on the relationship between inflation and unemployment is one of the popular macroeconomic dependencies. Presented relationship has been given a lot of criticism. One of the economic trends that has taken criticism on accuracy found in this relationship is the trend called "rational expectations". This trend taking criticism aroused astonishment among economists. In the classification of schools and trends it did not fit into any of the paradigms. Today, it belongs to the mainstream neoclassical economics, under the name of the new classical economics, new classical macroeconomics, or school of rational expectations. The content of the paper shows the main areas of criticism of Keynesian relationship between inflation and unemployment. Keywords: inflation, unemployment, Phillips curve, the rational expectations.