Phillips curve - wages and unemployment: 1998-2019
1.5
2.0
2.5
3.0
3.5
4.0
4.5
3.6
3.8
4.0
4.2
4.4
4.6
4.8
5.0
5.2
5.4
5.6
5.8
6.0
6.2
6.4
6.6
6.8
7.0
7.2
7.4
7.6
7.8
8.0
8.2
8.4
1998-2013 trend
Mar-2013
Mar-2013
Mar-2014
Mar-2014
Mar-2015
Mar-2015
Dec-2016
Dec-2016
Dec-2018
Dec-2018
Sep-2019
Sep-2019
Unemployment rate
Wages growth