Phillips curve - wages and unemployment: 1998-2020
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
4.0%
4.5%
5.0%
5.5%
6.0%
6.5%
7.0%
7.5%
8.0%
8.5%
Sep-1998
Sep-1998
Mar-2008
Mar-2008
Dec-2012
Dec-2012
Dec-2014
Dec-2014
Dec-2015
Dec-2015
Dec-2016
Dec-2016
Dec-2018
Dec-2018
Mar-2020
Mar-2020
Jun-2020
Jun-2020
Sep-2020
Sep-2020
1998-2012 trend
2016-2020 trend
Unemployment rate
Wages growth
