Created with Raphaël 2.1.2
Jul
1
1.5
2
2.5
3
3.5
4
4.5
Apr
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Oct
2008
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2009
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2010
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2011
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2012
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2013
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2014
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2015
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Target
All nonfarm employees
Production/nonsupervisory workers
The 3.5 percent target is implied from the Federal Reserve's target inflation of 2 percent and stable labor share of income.