Wages are also growing slower than they should given the rate of underemployment
5.0
5.5
6.0
6.5
7.0
7.5
8.0
8.5
9.0
9.5
10.0
10.5
11.0
11.5
12.0
12.5
13.0%
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0%
Mar-2020
Mar-2020
Jun-2020
Jun-2020
Sep-2020
Sep-2020
Dec-2020
Dec-2020
Mar-2021
Mar-2021
Jun-2021
Jun-2021
2003-2020 trend
Underemployment rate
Wages growth
