Annual wages growth & government predictions
Orange = 2019-20 Budget; in all 5 predicted years, the budget predicts an unemployment rate of 5.0%
Created with Raphaël 2.1.2
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
3.44
3.44
3.14
3.14
2.84
2.84
2.65
2.65
2.63
2.63
2.7
2.7
2.59
2.59
2.58
2.58
2.47
2.47
2.29
2.29
2.27
2.27
2.26
2.26
2.16
2.16
2.07
2.07
2.06
2.06
1.88
1.88
1.87
1.87
1.95
1.95
1.94
1.94
2.01
2.01
2.08
2.08
2.07
2.07
2.14
2.14
2.29
2.29
2.27
2.27
2.34
2.34
2.33
2.33
2.23
2.23
2.75
2.75
3.25
3.25
3.5
3.5
3.5
3.5
X
4%
0.5
1
1.5
2
2.5
3
3.5
4%
