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Can I read Australia on EtoBox?
Australia by Akshay Garg is a document available to read on EtoBox.
What is Australia about?
The document contains data on unemployment rates, wages growth, and the relationship between the two metrics in Australia from 1998 to 2019. It shows that historically lower unemployment rates have correlated with higher wages growth, with wages growth of around 3.7% requiring an unemployment rate below 4%. Currently, wages growth of 2.3% matches the expected level given the underemployment rate of 8.3%, indicating the relationship still generally holds.
- Author
- Akshay Garg
- Language
- EN